Time Value of Money (TVOM) Tutorial

TVOM is one of the most important principles in finance. It is commonly used as a basis in the analysis of almost all financing and investment transactions. Its applications range from personal finance, such as how to save for retirement, to corporate investment, such as whether to invest in a project. Many business students, especially the beginners, experience difficulty applying the concept.

This tutorial will:

This tutorial consists of the following sections:

To move from section to section in this tutorial, click on the tabs at the top of the onscreen "notebook." Once inside a section, move from topic to topic by clicking on the title in the shaded area under the tabs, and go from screen to screen by clicking on the numbers immediately below the topics.