Time Value of Money

ObjectiveTo teach children the 'time value of money'.
Description Time Value of Money

Discover the time value of money.

Steps:

1. Answer the following question for yourself:

  • If someone owed you money would you prefer to be repaid in a lump sum or in payments?

2. Research the time value of money. Read one or both of the following articles:

 

3. Think about your answer to step number one. Do you still feel the same way?

4. What is the time value of money? How does knowing about it help you to make investment decisions?

 

 

 

Complete When

Mark this activity as complete when you feel you have a good understanding of the time value of money.

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Age Range 13    14    15    16    17    18   
Activity Type Lesson
Tags Logical-Mathematical Intelligence  Money  Investing  Interest  Linguistic Intelligence 
CreatedCindyCindy
Last ModifiedRobRob

References

Reference Reference Note  
Econ Ed Link

This and article with useful information about the Time Value of Money

The Time Value of Money

Wikipedia

This is some further information on the Time Value of Money.

The Time Value of Money.

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