Slide 1 HCM 570 Financial Management in Healthcare August 14-December 18, 2004 Joseph Callaghan, Ph.D. Oakland University Accounting and Finance Slide 2 Mathematics and Tools…
Slide 1 Time Value of Money Chapter 5 Slide 2 Important Concepts to be discussed 1.Opportunity cost and TVOM 2.Simple vs. Compound Interest 3.Lump sum payments 4.Annuities…
Slide 1 9 - 1 The financial (monetary) value of any asset (investment) is based on future cash flows. However, the value of a dollar to be received in the future is less…
The Time Value of Money (Part 1) 1. Calculate future values and understand compounding. 2. Calculate present values and understand discounting. 3. Calculate implied interest…
HCM 570 Financial Management in Healthcare August 14-December 18, 2004 Joseph Callaghan, Ph.D. Oakland University Accounting and Finance Mathematics and Tools of Finance…
The Time Value of Money (Part 1) 1. Calculate future values and understand compounding. 2. Calculate present values and understand discounting. 3. Calculate implied interest…