Identify the various interest rates within the economy including: prime, discount, and fed. funds.
Objective 52.0813-0102
Explain the concept of compound interest and the importance of time in accumulating wealth.
Objective 52.0813-0103
Explain the risk/reward rule and identify potential exceptions and consequences as a result of understanding the rule.
Objective 52.0813-0104
Discuss the time value of money and describe why $1 today is worth more than $1 at some point in the future.
No comments:
Post a Comment