PPT-Chapter 6 - Time Value of Money

Chapter 6 Time Value of Money Time Value of Money A sum of money in hand today is worth more than the same sum promised with certainty in the future Think in terms of money in the bank The value today of a sum promised in a year is the amount. by Napoleon Hill. Practical Instructions for following the 6 Steps Outlined in Chapter 2 – from AUTOSUGGESTION. THE MEDIUM FOR INFLUENCING THE SUBCONSCIOUS . MIND . The . Third Step toward . Riches. Trade Then and Now. Pgs. 72-79. FOCUS ON THE MAIN IDEA. People trade for the goods and services that they need and want.. Vocabulary Words. need. -something that a person must have to live.. w. ant. ”. Connie Leipard, CIT. NAWIC Vice President. Verbal Communication. Can get messed up!!. NAWIC is a Business. NAWIC is a corporation organized under the State of Texas laws for the purpose of:. Uniting for the mutual benefit women who are actively employed in the various phases of the Construction industry. Savings. and Thrift. Keynesianism. . It is as if what we call an "ideal money" (. having . u. ltra-stable . value) is . the . natural alternative concept to . that . sort of money which is to be expected . and . Thrift.  . Introduction. . . I . have been talking, at meetings, about my ideas on the topic of Ideal . Money. . for . a few years now while the world, by coincidence, has passed through and . On notebook paper, write a summary for each day’s reading. Use this for recall after reading each day and to study before the test.. Title it with the chapter number. We will complete two chapters per day. That will include: reading, summary, comprehension questions and vocabulary for each chapter.. When the US was first established it had no reliable banking . system. The history of money in the . US was . closely tied to the development of the nation’s banking . system. Instability in the banking system has contributed to business . Published in 2007 – but timeless. Personal Finance. Be Humble. When you do not know a thing, to allow that you do not know it--this is knowledge.. --Confucius. Investing . is a big bet on an unknowable future. Chapter Fifteen. Chapter 15. Matching . words with . Definitions. To strongly desire; to be ambitious (to do something or to get something). Profitable; well-paying. A shortage; a lack (in amount). Section 1-Reasons for Saving and Investing. Savings. Money set aside for the future (also known as deferred spending). Emphasis on “safety of principal”—protecting the balance in your account. Types of savings—safe, because these are FDIC Insured. Chapter 3 Understanding and Appreciating the Time Value of Money Professor Payne, Finance 4100 Learning Objectives Explain the mechanics of compounding. Understand the power of time and the importance of the interest rate in compounding. Lessons It’s All About the Money, Money, Money Deciding On A College 101 Deciding On A College 202 You Want Me To Go Where? Some More About the Money Homework What better way to combat these stereotypes than working your way through school at a public university, graduating with Lessons It’s All About the Money, Money, Money Deciding On A College 101 You Want Me To Go Where? Some More About the Money What About Free Money? Homework What better way to combat these stereotypes than working your way through school at a public university, graduating with Chapter 10. Section 1. Money. is . anything that serves as a medium of exchange, a unit of account . and . a store of value. What is Money?. 1) . Medium . of exchange. - anything that is used to determine value during the exchange of goods and .