Advanced Time Value of Money (TVM) Concepts

This course develops the fundamental concept of the Time Value of Money (TVM) using more complex applications and questions. You will apply the concept of TVM to real life problems of financial planning and saving for college. You will also learn more about credit and apply the concept of TVM to borrowing and lending. You will understand that although the applications seem more complex, when you look at them and break them down into their component parts, the foundation, principles and tools remain the same. After completing this course, you will have an understanding of the detailed mechanics and rationale behind any decision you make that has future implications. Your greater familiarity with financial transactions will be applicable to any/all decisions you make. The great news is that these concepts and skills will transfer to your professional/business decisions. This course is part of the four-course Fundamental Finance for Strategic Decision Making specialization.