AB 217 Week 5 Discussion | Assignment Help | Kaplan University
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- 22 Aug 2018
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AB 217 Week 5 Discussion | Assignment Help | Kaplan University
Unit 5 Discussion
Advanced Time Value of Money
An
advertised monthly lending rate of 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 the TVM 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.
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