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What the Rich Know That You Don’t: How The Rich Think Differently From The Middle Class And Poor When It Comes To Time, Money, Investing And Wealth Accumulation (The Secrets Of Getting Rich!) by Omar Johnson

Author:Omar Johnson [Johnson, Omar] , Date: March 25, 2020 ,Views: 117

What the Rich Know That You Don’t: How The Rich Think Differently From The Middle Class And Poor When It Comes To Time, Money, Investing And Wealth Accumulation (The Secrets Of Getting Rich!) by Omar Johnson

Author:Omar Johnson [Johnson, Omar]
Language: eng
Format: azw3
Publisher: Make Profits Easy LLC
Published: 2014-07-30T16:00:00+00:00


Time Value of Money Components

The time value of money can be used to compare investments alternatives and can be used to solve problems involving leases, mortgages, annuities, loans etc. All time value of money problems contains 5 components. These components are:

1) Present value (PV) -The present value represents a single sum of money today.

2) Future value (FV) – The future value represents a one-time single sum of money to be received or paid in the future.

3) Payment (PMT) - Payment represents equal periodic payments received or paid each period.



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What the Rich Know That You Don’t: How The Rich Think Differently From The Middle Class And Poor When It Comes To Time, Money, Investing And Wealth Accumulation (The Secrets Of Getting Rich!) by Omar Johnson.azw3


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