I’m trying to learn for my Science class and I’m stuck. Can you help?
If you have put money in a savings account, made monthly auto or mortgage payments, or paid down your student loan ahead of time, you have inherently applied TVM. ·
Discuss how you may have used TVM in a recent investment or loan decision and explain some of the TVM details that may have been involved in your transaction. ·
If you have not used TVM in the past financial transactions explain potential TVM applications you would encounter in future business or personal transactions.