How does the current market rate of interest impact time value of money calculations?
Summarize the most important points you have learned about the entire grants management process.
August 5, 2017Apply the five key elements of design thinking to analyze the organization’s effectiveness in design thinking and innovation.
August 5, 2017Assignment 1: Discussion—The Time Value of Money
One of the most important topics presented in this course is the time value of money. Part of the time value of money calculation concerns the use of an interest rate, often referred to as a discount rate. This basic concept applies to all areas of financial planning.
Using the readings of this module and the Argosy University online library resources, respond to the following:
- How does the current market rate of interest impact time value of money calculations?
- How can this aspect alter your current spending, savings, and budgeting patterns?
- How have you previously used the time value of money in your own personal financial planning and/or will plan to use it in the future?
Support your statements with examples and
