Deriving the Only Single Cash Flow Formula that Exists, James Tompkins

preview_player
Показать описание
This is an "Understanding Finance Nugget." When learning "Time Value of Money" with single cash (for example what is $10 worth in two years time), there is only one formula that exists. Many textbooks will rearrange this formula algebraically and want you to memorize what may appear to look different. However, in the end, these variations are all derived from the same single formula. In this nugget I illustrate that you already "understand" (not memorize) this time value of money formula. Hence as long as you can algebraically rearrange the formula, you should not memorize other variations.
Рекомендации по теме
Комментарии
Автор

An excellent and straighforward lecture. Thanks a lot.

WillJohn-nqez
Автор

Hello Sir, Thank You for taking the time to teach, I am taking Time Value of Money-Finance Courses for knowledge and am quickly realizing that everything is based on our prior educational foundation-Algebra, Math, Excel. It has been 25 years since my last schooling. How do you recommend refreshing quickly and efficiently?

pablogarcia