The time value of money - German Nande

I think that the lesson was amazing, but why didn't Timmy choose a less expensive car?

Timmy needs a passive income.

hoooooold up, there is a bank offering 10%? compound interest?

I love how this is assuming a 10% interest rate on deposits

Over simplified to be almost nonsensical.

I would have thought that the phrase was referencing the money one could earn during that time.

As in: I can't go to the beach today. I have to work to make money.

So what should timmy do ? Gamble??

No, time is life. Money is money.

She could just buy the convertible second hand and in a years time it would cost only $7500

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Man Addison Anderson sounds so damn different

m sorry but how coul sheila uy a car and Timmy cant then they have same amount in backwith same interest

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This is very informative. Great video!

Great

bus is pretty cheap..... that's savage....lol

The formula should be FV=PV * (1+ interest rate) to the power of n.

Please take this video down.

All these assumptions break down with negative interest rates

When your broke ,time is all you got