Name: Introduction to Time Value of Money (TVM)
Brand: University of Michigan
Availability: OnlineOnly
Rating: 4.8 (211 reviews)

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Learner Reviews & Feedback for Introduction to Time Value of Money (TVM) by University of Michigan

4.8

stars

958 ratings

About the Course

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....

Top reviews

Apr 22, 2020

Amazing professor! Always gives clear explanations, and his concept -> formula -> application "flow" in teaching really helped understand the lessons. Great course overall

Jan 31, 2023

Great course!! This has already come in handy in calculating expected mortgage payments for different interest rates and determining how much I need for retirement.

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201 - 211 of 211 Reviews for Introduction to Time Value of Money (TVM)

By Dhruv D

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Jun 22, 2020

the course was very informative

By Gala S

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Jul 25, 2022

some xplanations are missings

By Richa R

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May 23, 2020

thank u very much sir

By Suraj

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Jul 9, 2020

Thank you sir!

By Nimish P

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May 5, 2020

awsome teacher

By Sina S

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Feb 14, 2021

good

By Rohan J

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Mar 24, 2021

There were gaps that needed explanation to make the learning meaningful. Because of the lack of explanation of those gaps, acquiring a sound footing in some of the concepts was not possible.