Table of Contents
How do you solve time value of money problems?
FV = PV * (1 + i/n )n*t or PV = FV / (1 + i/n )n*t
- FV = Future value of money,
- PV = Present value of money,
- i = Rate of interest or current yield.
- t = Number of years and.
- n = Number of compounding periods of interest per year.
What are unlimited needs?
UNLIMITED WANTS AND NEEDS: A basic condition of human existence which means that people are never totally satisfied with the quantity and variety of goods and services the consume. It means that people never get enough, that there’s always something else that they would want or need.
Which is important time or money?
On other hand time also play an important role in today’s life, Time is more valuable than money because we can’t measure time in term of money, so there is a huge difference in money and time. We all want more of both, for earning more money you need to invest more time.
Is it possible to have a lot of energy but no money?
Unfortunately it hardly happens like this for most people. When people are young, they have a lot of time and energy but no money and unfortunately most of them aren’t really wise enough to utilize these constants properly. When they grow into working class citizens then they have a lot of energy and money but no time.
Why do people have a lot of time but no money?
When people are young, they have a lot of time and energy but no money and unfortunately most of them aren’t really wise enough to utilize these constants properly. When they grow into working class citizens then they have a lot of energy and money but no time. They have work that takes their time.
What is the difference between power and money?
Power can be used to generate money, vice-versa is not always true. Is these are only 2 options – POWER is important simply because Power existed even when there was no money (currency) in this world. Power is within us, so obviously can not be stolen, like money. Power increases, as you use it.
Are You working too much for your financial success?
The less-well-known problem hits people on the higher end of financial success — not knowing when enough is enough. If you’re a successful professional (or on your way to becoming one ), you’re probably working far more than is healthy for you.
https://www.youtube.com/watch?v=c9P7dz_KPlM