Time Value of Money
Companion workbook: Simple Interest
Try the practice scenarios →MICHAEL TORTORICH FINANCE / LEARNING LIBRARY
Learning Library
Eleven chapters. One goal: understand how to analyze the financial decisions you will face.
CHAPTER-BY-CHAPTERCHAPTER 1 CHAPTER 2 CHAPTER 3 CHAPTER 4 CHAPTER 5 CHAPTER 6 CHAPTER 7 CHAPTER 8 CHAPTER 9 CHAPTER 10 CHAPTER 11
Build understanding before making decisions.
Start with time value of money and compound interest, then apply those foundations to borrowing, major purchases, family finances, and retirement.
Compound Interest
Companion workbook: Simple vs. Compound Interest
Try the practice scenarios →Credit Cards
Companion workbook: APY Calculation, Credit Card Payment
Try the practice scenarios →Purchasing a Car
Companion workbook: Lexus vs. Toyota
Try the practice scenarios →Choosing the Right Career
Companion workbook: Picking a Career, PV of Future Earnings
Try the practice scenarios →Paying Off Student Loans
New Excel exercises in development.
Try the practice scenarios →Defined Contribution Plans
Companion workbook: Benefits of Tax Deferral, Impact of Management Fees, Roth vs. Non-Roth Account
Try the practice scenarios →Purchasing a House
Companion workbook: Amortizing Loan, Adjustable Rate Mortgage, Interest Only Loan, Cost of Home Ownership, 15 vs. 30 Year Loan, Extra Mortgage Payment, Opportunity Cost of 15 Yr Loan, Refinance after 5 Yrs
Try the practice scenarios →Kids
Companion workbook: Opportunity Cost of Kids, Kids Financial Obligation
Try the practice scenarios →Life Insurance
Companion workbook: Replacement of Future Earnings, Spouse Living Expenses, Needs Based Insurance
Try the practice scenarios →Investing for Retirement
Companion workbook: Retirement Income Estimator, Retirement Portfolio Estimator, Future Value of Investment
Try the practice scenarios →