Discussion Questions - Interest and the Time Value of Money

DQ3.docx

Each response must have a minimum of 150 words MUST have references for each response!

Quality work! No Plagiarism!

1. Compound Interest, Future Value, and Present Value

https://www.youtube.com/watch?v=BXm5mZqMp6Y

2. Using Excel with Present Value

Write Comment150 words!!!

3. The Rule of 72

Look at this rule and see how long it takes your money to double. Make comment150 words each!!!

4. Many people think of compounding interest as a bad thing but it can also be good.

Provide examples of the following:

· a time when compounding interest has been in your favor -150 words each!!!

· a time when compounding interest has not been in your favor -150 words each!!!

If you do not have personal experience with compounding interest just explain in general terms, when it would be good and when it would be bad.

5. Payday loans

You all have probably heard of payday loans. These are loans with high interest rates that are given for a short period of time.

What is your take on these types of loans? 150 words each!!!

6. Have you ever signed a promissory note? 150 words each!!!

If yes, what were the note's terms?

If you have not, give an example of a time someone might sign a promissory note and what the terms might be.

7. Please review the following clips and respond : 150 words each!!!

Simple v Compound Interest https://www.youtube.com/watch?v=I6ZOc9qzyYk Make Comment

Investing Basics: The Power of Compounding