Questions regarding the concept of time value of money and how it applies to everyday financial decisions.

Unit 1 Discussion 1

Prompt: Answer and discuss the following questions regarding the concept of time value of money and how it applies to everyday financial decisions:

1. Think of typical investment decision you may have faced such as purchasing home or investment. Describe how the time value of money impacted your decision process.
2. Are there situations when TVM concepts should not apply?
3. How are service-related investments affected?

Participation Requirements:Original discussion forum posts:

• Create a thread for your original post identified with your name.
• Prepare a quality, substantive post that addresses the objectives of the discussion forum and the expectations set forth in the grading rubric
• Include supportive evidence; such as direct applicable experience and expert sources.