The time value of money

2014-07-03

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View full lesson: http://ed.ted.com/lessons/how-to-calculate-the-future-value-of-your-cash-german-nande

We've all heard the phrase "Time is money." But what do these two things actually have to do with one another? German Nande explains the math behind interest rates, revealing the equation that will allow you to calculate the future value of your money (if you wisely put it in the bank, that is).

Lesson by German Nande, animation by TED-Ed.