6.37-time-value-of-money.pptx - Quiz 30 minutes 1 1 When...

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Quiz 30 minutes 1. When was the $1,000.00 bill discontinued? 2. What is our current currency (bills) 3. What was the first note to have a security thread? 4. Who is on the $10.00 note? 5. Name and describe the 4 steps a note goes through to get to your pocket. 6. what are the 2 places of engraving and printing? Copyright (c) Texas Education Agency, 2012. All rights reserved. 1
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Time Value of Money Copyright © Texas Education Agency, 2012. All rights reserved.
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Discovery Which is better? Why? $10,000 today or $ 10,000 three years from now 3 Copyright © Texas Education Agency, 2012. All rights reserved.
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Need to Know Terms Money Time Value of Money - The time value of money describes the greater benefit of receiving money now rather than later. It is founded on time preference . The principle of the time value of money explains why interest is paid or earned: Interest, whether it is on a bank deposit or debt , compensates the depositor or lender for the time value of money. It also underlies
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  • Fall '18
  • carol currie
  • $10,000, $10.00, $1,000.00, Texas Education Agency, $10,000 three

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