Growth

Growth refers to the change in value of money over time. TmVal provides tools to measure this growth, including the familiar cases of simple and compound interest, as well as more complex ones.

We will start by demonstrating some practical applications concerning simple and compound interest, and then gradually move on to more generalized growth patterns such as amount and accumulation functions.

• Simple Interest
• Compound Interest
• Amount Functions
• Accumulation Functions
• Interest
• The Rate Class
• A Friendly Reminder
• Tiered Accounts
• Discount
• Interest-Discount Relationships
• Time Value of Money
• Nominal Interest
• Interest-Discount Rate Conversions
• Force of Interest
• The Rate Class, Revisited
• The Investment Year Method