This Technology Workshop illustrates how to leverage a number of functions to perform calculations in Excel involving the time value of money.

In this guide, we explore the meaning of the time value of money, discuss the formula used with an example, and explore use cases to empower you to make more informed financial decisions.

The time value of money concept indicates and formalizes that money is worth more today than in the future. Learn more about how time value of money works.

The time value of money concept is all about how money is worth more now than in the future because of its potential growth and earning power.

Learn the importance of the time value of money (TVM) & how to calculate it. See examples showing how TVM builds wealth faster than cash sitting in the bank.

Future Value Let's take an example of how to use the time value of money to calculate a future value. The choice between taking the money now versus five years later depends on the interest rate.

The time value of money concept is all about how money is worth more now than in the future because of its potential growth and earning power.

Understanding the time value of money and how to calculate present, future, and net present value will help you make informed financial decisions.

This brings us to the second way to calculate the value of your time: Expected Value Methods. These calculations are based on the value you expect a given hour of work to create in the long-run.

The time value of money sounds like one of those boring economic concepts that a small business owner doesn't have time for – but that would be wrong. Future value and present value are monetary ...