Tag: inflation
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Time Value of Money Primer
Time value of money (TVM) is represented by the difference in value of some dollar amount of money or cash flow(s) over a period of time, assuming one can earn some sort of return on the money available. Simple interest is calculated on the principal only while compound interest is when one also earns โinterest…
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Inflation Primer
Inflation is defined as the price increase of consumer goods and services over a given time period. It is typically measured by price indexes that mark the fluctuation of the cost of either a specific or general basket of goods and services. Each year the cost of food, drink, clothing, transportation, health care, recreation, education,…