Introduction to Time Value of Money (TVM)
The strength of finance is that it takes a structured approach to decision making, with one key building block underlying all decisions — understanding the value of time, or the Time Value of Money (TVM). In this course, we will develop this building block using introductory, and simple, applications. We will learn about the Time Value of Money (TVM), Simple Future Value (FV) , Simple Present Value (PV) , Future Value of Annuity, Loans, compounding, and Valuing Perpetuities. We will introduce the framework in a carefully structured and replicable way to prepare you to explore more advanced applications in the rest of the specialization. In the follow-on courses, we will expand the applications to more complex real-world decisions.After completing this course, you will have an understanding of how the value of money changes over time. You will understand the implications of all your financial decisions, including saving for the future through different channels and borrowing for future needs. You will leave with the practical knowledge needed to make informed decisions on a wide range of financial decisions.
This course is part of the four-course Foundational Finance for Strategic Decision Making Specialization.
To be able to understand and apply one of the two main building blocks of finance - Time Value of Money (TVM)
Syllabus
Syllabus - What you will learn from this course
Week 1
Week 1: Time Value of Money - Simple Concepts & Applications
Week 2
Week 2: Time Value of Money - Simple Concepts & Applications (cont.)
Week 3
Week 3: Time Value of Money - Annuities
Week 4
Week 4: Time Value of Money - Complex Applications
FAQ
When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
What is the refund policy?
If you subscribed, you get a 7-day free trial during which you can cancel at no penalty. After that, we don’t give refunds, but you can cancel your subscription at any time. See our full refund policy.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.
Reviews
Professor Kaul showed passion for the course material. Lessons are to the point and informational. I would recommend to anyone introducing themselves to the subject of finance or economics.
Gautam Kaul is really awesome. He just doesn't teach but really interacts with us even with online videos. It always feels like he can see me and is really talking to me personally.
A course fundamental to finance taught passionately and intuitively. Highly recommended for all students and practitioners who want to get their fundas right!
IT WAS LITERALLY AMAZING AND HELPING! THE TEACHER IS EXTREMELY POSITIVE AND STIMULATING! NOW I UNDERSTAND THIS TOPIC FULLY WITHOUT ANY HARDSHIP!THANKS A TON SIR!
