Name: ______________________________	Date: _________________________	<a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=jpg::::/sites/dl/free/0073106712/PBS_icon.jpg','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (K)</a>
Time Value of Money Calculations
Purpose: To calculate future and present value amounts related to financial planning decisions.
Instructions: Use a calculator or future/present value tables to compute the time value of money.
Suggested Web sites:  www.dinkytown.net   www.kiplinqer.com/tools

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What’s Next for Your Personal Financial Plan?

• Identify various financial goals that require time value of money calculations.

• Research current interest rates to determine a rate that you might use when calculating time value of money for various personal financial goals.