Interest Rates and Time Value of Money helps busy professionals navigate through a complex subject with relative ease. The slim volume offers an overview of one of the basic components of modern
finance theory: The Time Value of Money.
Through this book
readers will have an understanding of the
concepts of interest rates, simple and compound interest, future value, present value and annuities.
The book gives readers a concise
description of several common terms and concepts they may
need to use. The
author provides several meticulously
worked out sums to illustrate the concepts he presents. The illustrations are worked out
step by step with explanations of every calculation.
The book provides readers with the tools they require to calculate such problems in their
day to day life.