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TIME VALUE OF MONEY TEACHING TOOL EXTENSIONS: THE INCLUSION OF GROWING ANNUITIES VALOR TEMPORAL DEL DINERO EXTENSIONES DE LAS HERRAMIENTAS DE ENSENANZA: LA INCLUSION DE LAS ANUALIDADES CRECIENTES

Terrance Jalbert and Jonathan D. Stewart

Revista Internacional Administracion & Finanzas, 2023, vol. 16, issue 1, 35-53

Abstract: Earlier research develops tools to assist professors in teaching time value of money concepts. These tools systematically walk students through questions to identify the appropriate technique to solve a problem. This paper extends these tools by incorporating growing annuities into the analysis and giving users additional calculation capabilities. The paper develops a visual tool that provides users an easy method for identifying time value of money problems. The analysis shows calculations for growing annuities, including some previously unavailable calculations. The paper surveys textbooks to identify if and how growing annuities have been incorporated in business education pedagogy.

Keywords: Time Value of Money; Tools; Grown Annuities; Business Education (search for similar items in EconPapers)
JEL-codes: A22 A23 M40 M41 M52 (search for similar items in EconPapers)
Date: 2023
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