Title: Time Value of Money (Module)
Course: Kentucky Sample Personal Finance Curriculum > Section: Unit 4: Saving & Investing

Description: The financial security that comes with wealth accumulation requires an understanding of the time value of money. Students begin this online course with a lesson on opportunity cost and continue to a lesson about interest where they recognize the importance of interest. The third lesson is on inflation. Students use their knowledge of opportunity cost, interest, and inflation to determine the future value of investments they may make as young adults and the present value of a sum of money they hope to have at a later date. Estimated completion time: 2 hours.