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–>
This week, you explored additional CBA core concepts, such as Time Value of Money and Discount Rate. Optional readings show how these calculations can be applied in your field of study.
Your Task: Please write in. first person.
Read the required readings for this week and reflect on the concept of time value of money, forecasting, and discount rate. Write a post that addresses the following:
· Choose one of the Focus Articles from your Readings for this week. How do the core CBA concepts of forecasting, time value of money, and discount rate apply to that scenario?
· Select a real-world example where you would apply forecasting, time value of money, or discount rate. Provide a link to the example and explain how these concepts apply. Note: It may be useful to complete this week’s problem set first.
Reference:
Stice, J. (2015, April 6). Using the Time Value of Money to Make Financial Decisions [Video File]. Retrieved from Lynda.com. Watch the following topics:
o The time value of candy
o Time value of money: Concept and applications
o Overview of time value of money terms