The Time Value of Money
Harold Bierman
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Harold Bierman: Cornell University, USA
Chapter 2 in An Introduction to Accounting and Managerial Finance:A Merger of Equals, 2010, pp 13-27 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
AbstractThe following sections are included:Time DiscountingThe Interest RateFuture ValueTime Indifference: Present ValuePresent Value of an AnnuityAn AnnuityPresent Value of a PerpetuityA Flexible ToolAnnual Equivalent AmountsConclusionsReview ProblemsQuestions and ProblemsAppendix 2.1: The Derivation of an Annuity Formula
Keywords: Accounting; Finance; Mergers and Acquisitions; Managerial Finance (search for similar items in EconPapers)
Date: 2010
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