Understanding the Time Value of Money | Macroeconomics

Let's look at how time and the value of money are connected in this video, and how time and value can influence our investing and purchasing decisions. We'll discuss the present value of money versus the future value of money, and how it is affected by time preferences. Then we'll learn how to calculate the present value of money using the compounding technique.

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00:00 Intro
00:32 Time value of money
01:23 Time preferences
04:47 Compounding technique