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Time Value Of Money Teaching Tool Extensions: The Inclusion Of Growing Annuities

Author

Listed:
  • Terrance Jalbert
  • Jonathan D. Stewart

Abstract

Earlier research develops tools to assist professors in teaching time value of money concepts. These tools systematically walk students through questions to identify the appropriate technique to solve a problem. This paper extends these tools by incorporating growing annuities into the analysis and giving users additional calculation capabilities. The paper develops a visual tool that provides users an easy method for identifying time value of money problems. The analysis shows calculations for growing annuities, including some previously unavailable calculations. The paper surveys textbooks to identify if and how growing annuities have been incorporated in business education pedagogy.

Suggested Citation

  • Terrance Jalbert & Jonathan D. Stewart, 2023. "Time Value Of Money Teaching Tool Extensions: The Inclusion Of Growing Annuities," Business Education and Accreditation, The Institute for Business and Finance Research, vol. 15(1), pages 51-67.
    • Handle: RePEc:ibf:beaccr:v:15:y:2023:i:1:p:51-67
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    More about this item

    Keywords

    Time Value of Money; Tools; Grown Annuities; Business Education;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate

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