Basic Definitions Present Value – earlier money on a time line
{"Image DocumentName": "Basic Definitions Present Value \u2013 earlier money on a time line", "Image ImageDescription": "Future Value \u2013 later money on a time line. Interest rate \u2013 exchange rate between earlier money and later money. Discount rate. Cost of capital. Opportunity cost of capital. Growth Rate. Required return. It\u2019s important to point out that there are many different ways to refer to the interest rate that we use in time value of money calculations. Students often get confused with the terminology, especially since they tend to think of an interest rate only in terms of loans and savings accounts.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}