Time Value of Money - A to Z
Estimated Time: 1.5 hours
$49.00
Earn 3 Points for Completing
While demonstrating personal and business applications of important topics, this course covers the fundamentals of time value of money. So, learners have the chance to look at interest rates, present value, future value, and internal rate of return. And by looking at specific, real-world examples like vacation savings and the cost of college or university, they’ll see how the time value of money is at the heart of most financial decision making. But more so, why it’s important for business professionals to recognize exactly how it works. Course Type: Video. Worth 3 PDCs (SHRM) and 2 CEUs (HRCI Business Credit).
Credits
3 PDCs
2 CEUs
Learning Objectives
- Define the concept of time value of money
- Explain how to compute the future value of a variety of cash flows
- Explain how to compute the present value of a variety of cash flows
- Explain how to compute the internal rate of return of a variety of cash flows
- Demonstrate how the concept of time value of money is applied to various savings and retirement plans and investments
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SHRM: VTR is recognized by SHRM to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). This program is valid for 3 PDCs. For more information about certification or recertification, please visit shrmcertification.org.
HRCI: VTR is a recognized provider of recertification credits. HR Certification Institute® preapproved this program for 2 credits toward aPHR™, PHR™, PHRca™, SPHR™, GPHR™, PHRi™, and SPHRi™ recertification.