A collection of commonly used financial ratios, including Time Value of Money which calculates a given amount of interest earned over a given amount of time. For example, 100 dollars of today’s money invested for one year and earning 5 percent interest will be worth 105 dollars after one year. Therefore, 100 dollars paid now or 105 dollars paid exactly one year from now both have the same value to the recipient who assumes 5 percent interest.
|Title:||Finance Ratios: Time Value of Money|
|Requirements:||Requires the ti-89 calculator.|
(Click here for an explanation)
|Brief Description:||TI-89 graphing calculator program for calculating the time value of money.|
|Keywords:||Program, Business-Finance, ti-89, Calculator Finance, Ratios:, Time, Value, of, Money|