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1st Short Assignment – 1 Page APA Paper –

 

Explain the concept of the Time-Value-of-Money (TVM) and provide an example. If you won the lottery and had a choice between taking a lump-sum payment today or a 10 year annuity, how would the TVM help you in making this decision? What information would you need to make a decision?

 

2nd Short Writing Assignment – 1 Page APA Paper –

 

Solve the below problems from the textbook and share your solutions with the class. Please do your work in Excel. Note, for purposes of our discussion its fine if your solutions are not correct.  The goal is to work through some problems together so that by the end of the discussion everyone understands how to do these problems.

 

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Chapter 2 Problem 15  (Page 40)

Chapter 3 Problem 16 (Page 71)

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