FIN 100 WK 5 – DQs
DQ 1: “Time Value of Money
Explain how inflation or purchasing power impacts stated or nominal interest rates.
Create a personal scenario that exemplifies the time value of money that includes the opportunity cost involved.
DQ 2: “Annuity
Discuss the pros and cons of annuities when compared with other financial instruments and whether they provide a better investment opportunity for some people. Provide specific examples to support your response.