Kaplan MT217 Unit 5 Discussion Latest 2019
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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