Consumer Economics e-bog
40,46 DKK
(inkl. moms 50,58 DKK)
Many consumers dont understand why or how interest rates work over time. In Consumer Economics, author Deji Badiru provides a concise guide to a better understanding of the time value of money based on the compounding effect of interest ratesthe idea that time is a critical element in accumulating future values from a present cash flow value.Badiru helps consumers understand the underpinning th...
E-bog
40,46 DKK
Forlag
iUniverse
Udgivet
8 december 2014
Længde
124 sider
Genrer
Finance and the finance industry
Sprog
English
Format
epub
Beskyttelse
LCP
ISBN
9781491753071
Many consumers dont understand why or how interest rates work over time. In Consumer Economics, author Deji Badiru provides a concise guide to a better understanding of the time value of money based on the compounding effect of interest ratesthe idea that time is a critical element in accumulating future values from a present cash flow value.Badiru helps consumers understand the underpinning theories and principles of different loan scenarios and cash flow profiles. He covers cash flow diagrams, present value, future value, simple and compound interest rates, annual percentage rate, annuity, compounding of interest, capitalized cost, perpetual cash flow, rule of seventy-two, payback period, benefit-cost ratio, mortgage loan analysis, and equity breakeven point.Consumer Economics offers the layperson important and useful information about interest rates, how to calculate their effect, and how to use this knowledge to their advantage. It communicates the importance of placing ones money in interest-bearing bank accounts or other investment vehicles to get the most from ones money.