MT/217 MT217 MT 217 Unit 5 Discussion
- Kaplan University / MT 217
- 23 May 2018
- Price: $8
- Other / Other
MT 217 Unit 5 Discussion
Advanced Time Value of Money
An advertised monthly lending rate
of 0.9% is about 11% per year. This difference between an advertised rate and
the annualized rate is based on finer TVM details that may be overlooked by
borrowers. Discuss how you may have used TVM in a recent investment or loan
decision and explain some of the TVM details that may have been involved in
your transaction.
If you have not used TVM in the past
financial transactions what practical TVM application would you expect to
encounter in your future.