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https://app.lumi.education/#download

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Lumi Education GbR Jan Philip Schellenberg und Sebastian Rettig

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The starting point for your next project with Minimal UI Kit, built on the newest version of Material-UI ©, ready to be customized to your style

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ZIP.zip

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You may download this for your Start Screen 

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You may download this for your Start Screen 

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You may download this for your book cover

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You may download this for your book cover

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Assume you take out 1-year student loan for $20,000 today with an interest rate is 4% per year. The repayment amount in 1-year time is $*20800*.

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20th President of USA – James Garfield
32nd President of USA – Theodore Roosevelt
40th President of USA – Ronald Reagan

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Sally believes that a dollar is worth more the sooner it is to be received. The principle Sally is referring to is:

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You are correct!

You are wrong!

The money you have right now can be invested and earn a return thus creating a larger amount of money in the future. So, the answer is "the time value of money".

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the time value of money.

the value of money.

Fisher's effect.

net present value.

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What is a MacGuffin?
0:32

Hitchcock's MacGuffin
1:54

The Lucas MacGuffin
4:14

Why use a MacGuffin?
6:18

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0% - 99%

To find the repayment in the future or as we call it the “future value”, we can use this formula

where S is the future value

S=20,000 (1 + 0.04)

S=20,800

The repayment amount in 1-year time is $20,800

100%

Well done!