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Time Value of Money Solution Grid

 Self-Paced Overview

Additional Problems

Mastering Technique

The key to mastering any technique is practice. Additional problems are available to help achieve that objective.

Working through the additional problems, keep in mind the importance of consistency. As suggested in this overview, establish an orderly procedure and follow that procedure diligently. A challenging component of calculating time value of money is understanding the problem. It is important to parse the question carefully so that you're confident of what you are being asked to do.

Remember these steps:

  • Read the problem thoroughly.
  • Make sure you know what you're being asked to do.
  • Prepare the TVM Solution Grid.
  • Completely clear the calculator.
  • Enter all information in your calculator in the order laid out in the grid.
  • Cash outflows are negative values.

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