超星The Time Value of Money in Life答案(学习通2023完整答案)

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CHAPTER 1 An Angel or a Devil？—Multiple Interpretation of Money

Assignments of Chapter 1

1、超星Which are money forms?答答案
A、Physical money
B、案学Metallic money and Paper money
C、习通Electronic money
D、完整All of above

2、超星Which of the following currencies is 答答案physical money？
A、Amber gold coins
B、案学the French King's Assignat
C、习通Shell money
D、完整Cloth money

3、超星Which of the following currencies is 答答案weighed money?
A、Huan money
B、案学Silver ingot
C、习通Qin half
D、完整Yibi money

4、The earliest banknote used in the world is
A、Jiaozi
B、Bavarian paper money
C、Colonial banknote
D、French King's Assignat

5、Which of the following is electronic money?
A、Alipay
B、WeChat wallet
C、Shopping card
D、All of above

6、What is money?
A、U.S. dollar
B、Renminbi
C、Coins and paper money
D、Whatever is generally accepted.in exchange of commodity and services or in debt repayment

7、Which of the following is currency?
A、Renminbi
B、Paper money and coins
C、U.S. dollar
D、Credit card

8、What is wealth?
A、Stock
B、Money
C、The sum of all kinds of property whose value can be stored
D、Land

9、The main functions of money are
A、Medium of exchange
B、Unit of account
C、Store of value
D、All of above

10、The most liquid asset is
A、Money
B、Stock
C、Machine and equipment
D、House

11、In supermarket Qian Mama spent 100 yuan on daily necessities, then what function did the Renminbi perform?
A、Unit of account
B、Medium of exchange
C、Store of value
D、Means of payment

12、At the beginning of 2016 Xiao Li had personal wealth of 500,000 yuan. In 2016 Xiao Li spent 60,000 yuan. At the end of 2016 Xiao Li had a personal fortune of 570,000 yuan. What is Xiao Li's income in 2016?
A、60000 yuan
B、70000 yuan
C、130000 yuan
D、None of the above

CHAPTER 2 A Bird in the Hand Is Worth Two in the Bush—The Preliminary Study of the Principle of Time Value of Money

Assignments of Chapter 2

1、Absolute and real mathematics time ( ) for itself and its essence. It doesn't depend on anything outside. What should be filled in brackets?
A、Flows
B、Evenly
C、Flows evenly
D、Always flows evenly

2、Hawking divided time into three categories and summed up three kinds of time arrow. The first time arrow is ( ① ), which records the disorder or entropy increase in such time direction. The second time arrow is ( ② ), which is the direction in which we feel the passage of time. In this direction, we can remember the past instead of the future. The third time arrow is ( ③ ), In this direction, the universe is expanding rather than contracting. What should be filled in these three brackets?
A、① the arrow of psychological time, ② the arrow of thermodynamic time, ③ the arrow of cosmological time
B、① the arrow of thermodynamic time, ② the arrow of psychological time, ③ the arrow of cosmological time
C、① the arrow of cosmological time, ② the arrow of psychological time, ③ the arrow of thermodynamic time
D、① the arrow of thermodynamic time, ② the arrow of cosmological time, ③ the arrow of psychological time

3、What is the generalized value?
A、Value is price.
B、Value is the evaluation of things.
C、Value refers to the judgement that all kinds of things are whether useful for people and what degree of their usefulness.
D、Value is what is useful to you.

4、What is the value subject?
A、people with certain needs and creativity
B、people with certain needs
C、an individual or group
D、an individual

5、What is the value object?
A、the object that the subject needs
B、the attribute, structure and function of the thing itself
C、a necessary condition of generating value
D、all the above

6、In economics, value theory has gone through ( ① ), ( ② ), ( ③ ). Among different value theories, the definitions of value are different. What should be filled in these three brackets?
A、① production factor value theory, ② labor value theory, ③ marginal utility value theory and equilibrium value theory
B、① marginal utility value theory and equilibrium value theory, ② production factor value theory, ③ labor value theory
C、① labor value theory, ② production factor value theory, ③ marginal utility value theory and equilibrium value theory
D、① production factor value theory, ② marginal utility value theory and equilibrium value theory, ③ labor value theory

7、Qian Duoduo ate two identical loaves of bread in succession. The degree of satisfaction Qian Duoduo got from these two loaves was
A、exactly the same
B、The degree of satisfaction obtained from the first bread is greater than that obtained from the second bread.
C、There is a difference.
D、The degree of satisfaction obtained from the first bread is less than that obtained from the second bread.

8、The time value of money refers to
A、Time is money.
B、One yuan today is worth the same as one yuan a year from now.
C、A certain amount of money held at present has more value than the equivalent money acquired in the future.
D、The equivalent money acquired in the future has more value than a certain amount of money held at present.

9、What is the time preference?
A、People prefer the present consumption.
B、People prefer the future consumption.
C、Compared with the future consumption people prefer the present consumption.
D、Compared with the present consumption people prefer the future consumption.

10、What is the uncertainty?
A、The uncertainty is that a kind of behavior would result in two or more than two consequences.
B、The uncertainty is that a kind of behavior would result in two or more than two consequences that people can not know exactly in advance.
C、The uncertainty is that a kind of behavior would result in two consequences.
D、The uncertainty is that a kind of behavior would result in two consequences that people can not know exactly in advance.

11、Money has a time value for several reasons:
A、the time preference
B、uncertainty
C、inflation
D、all the above

12、Where does the time value of money come from?
A、Fundamentally speaking, the time value of money comes from the wealth creation in physical economy.
B、The time value of money comes from investment.
C、The time value of money comes from bank.
D、The time value of money comes from borrowing money.

CHAPTER 3 How Great Is the Power of Compound Interest？—The Introduction of the Time Value of Money

Assignments of Chapter 3

1、The financial definition of the future value is
A、future value refers to the final value
B、future value refers to the value in future
C、future value refers to at a certain time point in future the expected value of a known amount of fund held now
D、future value (FV) refers to the investment value of a certain amount of money invested at a given interest rate over a period of time

2、The financial definition of the present value is
A、present value is the value now
B、present value is the final value
C、present value (PV) is the current value of future funds discounted at an appropriate interest rate
D、present value is the current value of future fund

3、If the interest rate is zero, the future value of a sum of money invested today is always
A、No matter how long it takes, it stays the same
B、It increases with time
C、It decreases with time
D、It stays the same or increases with time

4、Assuming the interest rate is greater than zero, in the case of a shrinking term, the present value of a sum of money in future is
A、unchanged
B、increasing
C、decreasing
D、uncertain

5、If interest rate increases, the present value of the 10,000 yuan received in 10 years is
A、uncertain
B、unchanged
C、increasing
D、decreasing

6、Assuming the interest rate is 6%, the term is 5 years; If present value increases, future value will be
A、increasing
B、decreasing
C、unchanged
D、uncertain

7、10,000 yuan is invested this year, annual interest rate is 6% and compounding, what is the future value after 5 years？
A、13000 yuan
B、13382.26 yuan
C、13283.25 yuan
D、13288.26 yuan

8、You have two years to go before you graduate from college, the graduation tour will cost 3,000 yuan. There ia a financial account where the annual rate of return is 6%. How much money do you need to deposit in your financial account to save enough money for your graduation travel expenses?
A、2669.9 yuan
B、2668.1 yuan
C、2669.99 yuan
D、2669.98 yuan

9、You deposit 1000 yuan into an account with an annual interest rate of 5%. How many years later does the account balance have 2000 yuan?
A、13
B、14.5
C、14
D、15

10、There is an investment, the initial investment is 8000 yuan, you get 10,000 yuan after 3 years, what's the rate of return on this investment?
A、7.00%
B、7.60%
C、7.70%
D、7.72%

CHAPTER 4How Much Are Sports Stars Worth?—Multiple Cash Flows Calculation Basis of the Time Value of Money

Assignments of Chapter 4

1、The definition of cash flow is
A、Cash flow is the money received
B、Cash flow is the money payed out
C、Cash flow is the money that is received or paid out at a certain period
D、Cash flow is the money received or spent

2、The elements of cash flow are
A、Size（the amount of money）
B、Direction（whether money received or money payed out）
C、Period（the time interval in which money is received or payed out）
D、all the above

3、The definition of multiple cash flows is
A、Multiple cash flows are money received many times
B、Multiple cash flows are money payed out many times
C、Multiple cash flows are money received or spent
D、Multiple cash flows are a series of cash flows

4、Multiple cash flows can be expressed in two ways. They are
A、Cash flow table and time axis
B、Cash flow table and time line
C、table and time line
D、table and time axis

5、In the time line, the positive and negative signs in front of the numbers indicate
A、A positive sign is an inflow of cash, and a negative sign is an outflow of cash
B、A positive sign is an outflow of cash, and a negative sign is an inflow of cash
C、A positive sign is an inflow of cash
D、A negative sign is an outflow of cash

6、When we show a cash flow, if it is not specifically specified, we
A、can’t determine the time point of cash flow
B、assume artificially the time point of cash flow
C、assume this cash flow is received at the end of the period
D、assume this cash flow is received at the beginning of the period

7、The basic idea of present value calculated by discounting each cash flow separately is
A、to discount cash flow to the present, and then to calculate present value
B、to discount each cash flow separately to present, and then to add up to calculate present value
C、to compound cash flow to the present, and then to calculate present value
D、to compound each cash flow separately to present, and then to add up to calculate present value

8、The basic idea of present value of multiple cash flows calculated by discounting back one period at a time is
A、from the farthest cash to discount back one period and plus the previous period cash flow, then to discount back one period again and then plus the previous period cash flow, and to continue the preceding process until present value is calculated
B、from the farthest cash to discount back one period, then to discount back one period again, and to continue the preceding process until present value is calculated
C、from the farthest cash to compound and plus the previous period cash flow, then to compound again and then plus the previous period cash flow, and to continue the preceding process until present value is calculated
D、from the farthest cash to compound, then to compound again, and to continue the preceding process until present value is calculated

9、The basic idea of calculating future value by compounding each cash flow separately is
A、to discount each cash flow to future time point and to calculate future value
B、to compound each cash flow to future time point and to calculate future value
C、to discount each cash flow separately to future time point and then to add up to calculate future value
D、to compound each cash flow separately to future time point and then to add up to calculate future value

10、The basic idea of calculating future value by compounding forward one period at a time is
A、to compound current cash flow, then to compound again, and to continue the preceding process until future value is calculated
B、to compound current cash flow and plus next period cash flow, then to compound again and plus next period cash flow, and to continue the preceding process until future value is calculated
C、to discount current cash flow, then to discount again, and to continue the preceding process until future value is calculated
D、to discount current cash flow and plus next period cash flow, then to discount again and plus next period cash flow, and to continue the preceding process until future value is calculated

11、You are facing such an investment opportunity, its investment return is as follows: 1 year later you will get 2000 yuan, 2 years later you will get 2200 yuan, 3 years later you will get 3000 yuan and 4 years later you will get 3000 yuan. You hope that the rate of return on this investment is no less than 6%, how much is the most capital you will invest？
A、8741.02
B、8740.00
C、8739.00
D、8739.92

12、For the next 3 years, you'll save money into an financial account with an annual interest rate of 7%. You'll deposit 1,000 yuan at the end of the 1st year, 1,200 yuan at the end of the 2nd year and 1,500 yuan at the end of the 3rd year. How much is the balance of the financial account at the end of year 3?
A、3928.90
B、3929.00
C、3928.00
D、3930.90

CHAPTER 5 About Personal Loan, Are You Clear?—Calculation and Application of the Time Value of Money for Annuity

Assignments of Chapter 5

1、The definition of final annuity is as follows
A、Final annuity is a series of cash flows. Final annuity is also called ordinary annuity.
B、Final annuity is a series of equal cash flows. Final annuity is also called ordinary annuity.
C、Final annuity is a series of cash flows occurring at the end of every period. Final annuity is also called ordinary annuity.
D、Final annuity is a series of equal cash flows occurring at the end of every period. Final annuity is also called ordinary annuity.

2、The definition of beginning annuity is as follows
A、Beginning annuity is a series of cash flows. Beginning annuity is also called annuity due.
B、Beginning annuity is a series of equal cash flows. Beginning annuity is also called annuity due.
C、Beginning annuity is a series of equal cash flows occurring at the beginning of every period. Beginning annuity is also called annuity due.
D、Beginning annuity is a series of cash flows occurring at the beginning of every period. Beginning annuity is also called annuity due.

3、The financial implication of present value interest factor for annuity PVIFA(r，n) is
A、the current value at discount rate r for final annuity of 1 yuan and n periods
B、the current value at discount rate r for final annuity of 1 yuan
C、the current value for final annuity of 1 yuan and n periods
D、the current value for final annuity of 1 yuan

4、The financial implication of future value interest factor for annuity FVIFA(r，n) is
A、the balance of the account at the end of nth period with interest rate r
B、the balance of the account at the end of nth period with interest rate r and 1 yuan deposited at the end of each period
C、the balance of the account at the end of nth period with interest rate r and 1 yuan deposited for every period
D、the balance of the account at the end of periods with interest rate r and 1 yuan deposited at the end of each period

5、The relationship equation of time value of money between final annuity and beginning annuity is as follows
A、Present value or future value of beginning annuity ≥Present value or future value of final annuity×（1+r）
B、Present value or future value of beginning annuity ≤Present value or future value of final annuity÷（1+r）
C、Present value or future value of beginning annuity =Present value or future value of final annuity×（1+r）
D、Present value or future value of beginning annuity =Present value or future value of final annuity÷（1+r）

6、You are facing such an investment opportunity, in the next 3 years you will get 5000 yuan. You hope the rate of return on the investment is no less than 8%, how much is the most capital you will invest？
A、12885.48
B、12887.00
C、12878.48
D、12886.38

7、In the next 5 years you put 1000 yuan into a financial account with annual interest rate 6% every year. At the end of 5th year, how much is the balance of the financial account?
A、5347.09
B、5647.09
C、5337.09
D、5637.09

8、Qian Duoduo's credit card overdrew 600 yuan. He can only afford of 50 yuan each month-- the minimum repayment amount per month. The monthly interest rate for credit card overdraft is 1.5%. How long will it take for Qian Duoduo to cover the overdraft?
A、13.5 months
B、14 months
C、14.5 months
D、15 months

9、You are facing such an investment opportunity. Now you invest 10000 yuan, in the next 3 years you will get 4000 yuan every year. How much is the rate of return on this investment？
A、12.00%
B、10.00%
C、20.00%
D、9.70%

10、Qian Mama applies for 200000 yuan car loans, the interest rate of the car loans is 6%, the period is 5 years, repayment of principal and interest is the same amount. How much will Qian Mama pay the car loans each month?
A、3877.56
B、3978.56
C、3866.56
D、3967.56

CHAPTER 6 How Much do You Know about Security Pricing？—Discounted Cash Flow Valuation and Its Application

Assignments of Chapter 6

1、What is bond?
A、Bond is the certificate of creditor's rights and debt, which is issued by a borrower to a bond investor.
B、Bond is the certificate of creditor's rights and debt, which is issued by a borrower to a bond investor and promises in an agreed manner to repay the principal.
C、Bond is the certificate of creditor's rights and debt, which is issued by a borrower to a bond investor and promises at a certain interest rate to pay interest and in an agreed manner to repay the principal.
D、Bond is the certificate of creditor's rights and debt, which is issued by a borrower to a bond investor and promises at a certain interest rate to pay interest.

2、There are four basic elements of bond, they are
A、the par value of bond, the time to maturity of bond, the investor of bond, the issuer of bond
B、the par value of bond, the coupon rate of bond, the investor of bond, the issuer of bond
C、the par value of bond, the time to maturity of bond, the coupon rate of bond, the investor of bond
D、the par value of bond, the time to maturity of bond, the coupon rate of bond, the issuer of bond

3、What is stock?
A、In China stock is the certificate issued by a company to prove the shares held by shareholders.
B、In China stock is the certificate issued by a limited company to prove the shares held by shareholders.
C、Stock is the certificate issued by a company to prove the shares held by shareholders.
D、Stock is the certificate to prove the shares held by shareholders.

4、What is a perpetuity?
A、A perpetuity is a final annuity whose period is infinite. There is no future value for perpetuity.
B、A perpetuity is an annuity whose period is infinite. There is no future value for perpetuity.
C、A perpetuity is a final annuity whose period is infinite. There is no present value for perpetuity.
D、A perpetuity is an annuity whose period is infinite. There is no present value for perpetuity.

5、A bond whose market price is lower than its par value is called
A、a par value bond
B、a discount bond
C、a premium bond
D、a gilt edged bond

6、A bond whose market price is the same as its par value is called
A、a par value bond
B、a discount bond
C、a premium bond
D、a gilt edged bond

7、A bond whose market price is higher than its par value is called
A、a par value bond
B、a discount bond
C、a premium bond
D、a gilt edged bond

8、Qian Papa invests in a corporate bond, whose market price is 900 yuan, par value is 1000 yuan, coupon rate is 8%, interest is payed once a year and there are 10 years before maturity. Qian Papa wants to know what is the rate of return of this bond?
A、9.49956%
B、9.59956%
C、9.69956%
D、9.69656%

9、Qian Mama's Venture Company issues preferred stock and distributes dividends 5 yuan per share each year. Assuming that the rate of return required in the market for the preferred stock is 20%, how much is the market value of the preferred stock of Venture Company?
A、30 yuan
B、50 yuan
C、20 yuan
D、25 yuan

10、Qian Duoduo bought a stock 2 years ago. When she bought it, the stock price was 80 yuan. At present the market price of the stock is 92 yuan. During this period no dividends were paid out. How much is the rate of return for this stock invested by Qian Duoduo?
A、7.23805%
B、7.33805%
C、7.23508%
D、7.33508%

CHAPTER 7 Which Project should I Invest in？—The Calculation and Application for Net Present Value and the Internal Rate of Return

Assignments of Chapter 7

1、What is net present value?
A、Net present value is the cost of an investment.
B、Net present value is the market value of an investment.
C、Net present value is the sum of the market value of an investment and its cost.
D、Net present value is the difference between the market value of an investment and its cost.

2、The financial connotation of net present value is
A、Net present value is a measure of the value created by undertaking an investment.
B、Net present value is a measure of the value added by undertaking an investment.
C、Net present value is a measure of the current value created or added by undertaking an investment.
D、Net present value is a measure of the market value created or added by undertaking an investment.

3、The net present value rule is
A、If net present value of an investment is negative, we would accept it. If net present value of an investment is positive, we would reject it.
B、If net present value of an investment is positive, we would accept it. If net present value of an investment is negative, we would reject it.
C、If net present value of an investment is positive, we would accept it.
D、If net present value of an investment is negative, we would reject it.

4、What is net cash flow?
A、The net cash flow is at a certain time point the difference the inflow of cash flow minus the outflow of cash flow.
B、The net cash flow is at a certain time point the sum the inflow of cash flow and the outflow of cash flow.
C、The net cash flow is at a certain time point the inflow of cash flow.
D、The net cash flow is at a certain time point the outflow of cash flow.

5、What is the internal rate of return?
A、The internal rate of return is the discount rate.
B、The internal rate of return is the discount rate when net present value is zero.
C、The internal rate of return is the discount rate when net present value is bigger than zero.
D、The internal rate of return is the discount rate when net present value is smaller than zero.

6、The internal rate of return rule is
A、If the internal rate of return for an investment is higher than the required rate of return, we should accept the investment.
B、If the internal rate of return for an investment is lower than the required rate of return, we should reject the investment.
C、If the internal rate of return for an investment is higher than the required rate of return, we should accept the investment. If the internal rate of return for an investment is lower than the required rate of return, we should reject the investment.
D、If the internal rate of return for an investment is higher than the required rate of return, we should reject the investment. If the internal rate of return for an investment is lower than the required rate of return, we should accept the investment.

7、What are mutually exclusive investment projects?
A、If two investment projects are mutually exclusive, that is to say, if we accept one of them, we should accept another project.
B、If two investment projects are mutually exclusive, that is to say, if we accept one of them, we cannot accept another project.
C、If two investment projects are mutually exclusive, that is to say, if we reject one of them, we should reject another project.
D、None of above is true

8、What are the limitations of the internal rate of return?
A、The internal rate of return may not exist.
B、There may be multiple solutions to the calculation equation for the internal rate of return.
C、The internal rate of return cannot be used for investment decision analysis of mutually exclusive investment projects.
D、All of the above

9、Qian Mama is going to open a flower shop, the initial investment will cost 10 ten thousand yuan, the annual income will be 18 ten thousand yuan, the annual cost will be 12 ten thousand yuan, she can open the shop for 3 years. Assume the required rate of return is 16%, what is the net present value of this investment?
A、34753.37 yuan
B、34753.47 yuan
C、35753.37 yuan
D、35753.47 yuan

10、Qian Mama is going to open a flower shop, the initial investment will cost 10 ten thousand yuan, the annual income will be 18 ten thousand yuan, the annual cost will be 12 ten thousand yuan, she can open the shop for 3 years. What is the internal rate of return of this investment?
A、36.40765%
B、36.30765%
C、36.40965%
D、36.30965%

CHAPTER 8 Saving and Investing for Future—Personal Life-Cycle Financial Planning

Assignments of Chapter 8

1、The intertemporal budget constraint equation based on personal life-cycle describes the relationship among initial wealth, lifetime income, lifetime consumption and bequest. Its financial logic is
A、The wealth of a person and his lifetime income can only be used for his lifetime consumption.
B、The wealth that a person owns at beginning (initial wealth) and his lifetime income can only be used for his lifetime consumption.
C、The wealth that a person owns at beginning (initial wealth) and his lifetime income can only be used for his lifetime consumption and as a bequest to the next generation.
D、The wealth of a person and his lifetime income can only be used for his lifetime consumption and as a bequest to the next generation.

2、The economic cost of a professional degree includes
A、the tuition directly expended and the living expenses
B、the tuition directly expended and the extra living expenses
C、the tuition directly expended, the living expenses as well as the resulting abandoned employment incomes
D、the tuition directly expended, the extra living expenses as well as the resulting abandoned employment incomes

3、Qian Duoduo will graduate from university and is considering whether to pursue a professional degree. If Qian Duoduo gets a job immediately, the real annual income is estimated to be 60000 yuan per year during his job. If Qian Duoduo goes to study for a professional degree for 2 years, the annual tuition fee is 40000 yuan (excluding inflation) and the living expenses are 12000 per year (excluding inflation). It is estimated after getting the professional degree the real annual income will increase by 30000 yuan. How much is the real annual economic cost for Qian Doudou to study for the professional degree?
A、100000 yuan per year
B、112000 yuan per year
C、40000 yuan per yea
D、52000 yuan per year

4、In the real estate agency, Qian Mama feels satisfied with a house, this house can be sold or rented. If it is for sale the total cost will be 1200000 yuan including all taxes and fees and no bargaining space. If the annual real interest rate is 4%, Qian Mama wants to know when the annual real rent of the house is not higher than what price, it is cheaper to rent than to buy.
A、24000 yuan per year
B、48000 yuan per year
C、36000 yuan per year
D、50000 yuan per year

5、Qian Duoduo is 25 years old this year. He will retire at the age of 65 and then live to 85 years old. He doesn't accumulate any property and will not leave bequest to the next generation. Qian Duoduo's real annul income is 120000 yuan, that is to say that the annual income will increase with inflation. He is making a savings plan for retirement Assume the real annual interest rate is 3%. If Qian Duoduo wants that the consumption level to remain the same before and after retirement, how much does he need to save each year?
A、19775.49 yuan
B、19975.49 yuan
C、19975.39 yuan
D、19775.39 yuan

CHAPTER 9 The Time Value of Money, I Understand!—Course Review and Prospect

Assignments of Chapter 9

1、What is money?
A、Coins and paper money
B、Whatever is generally accepted in exchange of commodity and services or in debt repayment
C、A special commodity
D、The greatest invention of human

2、Which are money forms?
A、Physical money
B、Metallic money and Paper money
C、Electronic money
D、All of above

3、In supermarket Qian Mama saw a dress priced at 100 RMB, then what function did the Renminbi perform?
A、Unit of account
B、Medium of exchange
C、Store of value
D、Means of payment

4、What is the time value of money?
A、Time is money.
B、One yuan today is worth the same as one yuan a year from now.
C、A certain amount of money held at present has more value than the equivalent money acquired in future.
D、A certain amount of money acquired in future has more value than the equivalent money held at present.

5、Why does money have time value?
A、time preference
B、uncertainty
C、inflation
D、all the above

6、Where does the time value of money come from?
A、The time value of money comes from borrowing money.
B、The time value of money comes from bank.
C、Fundamentally speaking, the time value of money comes from the wealth creation in physical economy.
D、The time value of money comes from investment.

7、The elements of cash flow are
A、Size（the amount of money）
B、Direction（whether money received or money payed out）
C、Period（the time interval in which money is received or payed out）
D、all the above

8、What is a perpetuity?
A、A perpetuity is a beginning annuity whose period is infinite. There is no future value for perpetuity.
B、A perpetuity is a final annuity whose period is infinite. There is no future value for perpetuity.
C、A perpetuity is a final annuity whose period is infinite. There is no present value for perpetuity.
D、A perpetuity is an annuity whose period is infinite. There is no present value for perpetuity.

9、What is the net present value rule?
A、If net present value of an investment is positive, we would accept it. If net present value of an investment is negative, we would reject it.
B、If net present value of an investment is negative, we would accept it. If net present value of an investment is positive, we would reject it.
C、If net present value of an investment is positive, we would accept it.
D、If net present value of an investment is negative, we would reject it.

10、What is the internal rate of return rule?
A、If the internal rate of return for an investment is higher than the required rate of return, we should accept the investment.
B、If the internal rate of return for an investment is lower than the required rate of return, we should reject the investment.
C、If the internal rate of return for an investment is higher than the required rate of return, we should accept the investment. If the internal rate of return for an investment is lower than the required rate of return, we should reject the investment.
D、If the internal rate of return for an investment is higher than the required rate of return, we should reject the investment. If the internal rate of return for an investment is lower than the required rate of return, we should accept the investment.

11、What are the limitations of the internal rate of return?
A、The internal rate of return may not exist.
B、There may be multiple solutions to the calculation equation for the internal rate of return.
C、The internal rate of return cannot be used for investment decision analysis of mutually exclusive investment projects.
D、All of the above

12、The financial logic contained in the intertemporal budget constraint equation based on personal life-cycle is
A、The wealth of a person and his lifetime income can only be used for his lifetime consumption.
B、The wealth that a person owns at beginning (initial wealth) and his lifetime income can only be used for his lifetime consumption and as a bequest to the next generation.
C、The wealth that a person owns at beginning (initial wealth) and his lifetime income can only be used for his lifetime consumption.
D、The wealth of a person and his lifetime income can only be used for his lifetime consumption and as a bequest to the next generation.

Final Exam for 'The Time Value of Money in Life'

Final Exam for ' The Time Value of Money in Life '

1、Which are money forms?
A、Physical money
B、Metallic money and Paper money
C、Electronic money
D、All of above

2、Which of the following currencies is physical money？
A、Amber gold coins
B、the French King's Assignat
C、Shell Money
D、Cloth money

3、Which of the following currencies is weighed money?
A、Huan money
B、Silver ingot
C、Qin half
D、Yibi money

4、The earliest banknote used in the world is
A、Jiaozi
B、Bavarian paper money
C、Colonial banknote
D、French King's Assignat

5、Which of the following is electronic money?
A、Alipay
B、WeChat wallet
C、Shopping card
D、All of above

6、What is money?
A、U.S. dollar
B、Renminbi
C、Coins and paper money
D、Whatever is generally accepted.in exchange of commodity and services or in debt repayment

7、Which of the following is currency?
A、Renminbi
B、Paper money and coins
C、U.S. dollar
D、Credit card

8、What is wealth?
A、Stock
B、Money
C、The sum of all kinds of property whose value can be stored.
D、Land

9、The main functions of money are
A、Medium of exchange
B、Unit of account
C、Store of value
D、All of above

10、The most liquid asset is
A、Money
B、Stock
C、machine and equipment
D、house

11、In supermarket Qian Mama spent 100 yuan on daily necessities, then what function did the Renminbi perform?
A、Unit of account
B、Medium of exchange
C、Store of value
D、Means of payment

12、At the beginning of 2016 Xiao Li had personal wealth of 500,000 yuan. In 2016 Xiao Li spent 60,000 yuan. At the end of 2016 Xiao Li had a personal wealth of 570,000 yuan. What is Xiao Li's income in 2016?
A、60000 yuan
B、70000 yuan
C、130000 yuan
D、None of the above

13、Absolute and real mathematics time ( ) for itself and its essence. It doesn't depend on anything outside. What should be filled in brackets?
A、flows
B、evenly
C、flows evenly
D、always flows evenly

14、Hawking divided time into three categories and summed up three kinds of time arrow. The first time arrow is ( ① ), which records the disorder or entropy increase in such time direction. The second time arrow is ( ② ), which is the direction in which we feel the passage of time. In this direction, we can remember the past instead of the future. The third time arrow is ( ③ ), In this direction, the universe is expanding rather than contracting. What should be filled in these three brackets?
A、① the arrow of psychological time, ② the arrow of thermodynamic time, ③ the arrow of cosmological time
B、① the arrow of thermodynamic time, ② the arrow of psychological time, ③ the arrow of cosmological time
C、① the arrow of cosmological time, ② the arrow of psychological time, ③ the arrow of thermodynamic time
D、① the arrow of thermodynamic time, ② the arrow of cosmological time, ③ the arrow of psychological time

15、What is the generalized value?
A、Value is price
B、Value is the evaluation of things
C、Value refers to the judgement that all kinds of things are whether useful for people and what degree of their usefulness
D、Value is what is useful to you

16、What is the value subject?
A、people with certain needs and creativity
B、people with certain needs
C、an individual or group
D、an individual

17、What is the value object?
A、the object that the subject needs
B、the attribute, structure and function of the thing itself
C、a necessary condition of generating value
D、all the above

18、In economics, value theory has gone through ( ① ), ( ② ), ( ③ ). Among different value theories, the definitions of value are different. What should be filled in these three brackets?
A、① production factor value theory, ② labor value theory, ③ marginal utility value theory and equilibrium value theory
B、① marginal utility value theory and equilibrium value theory, ② production factor value theory, ③ labor value theory
C、① labor value theory, ② production factor value theory, ③ marginal utility value theory and equilibrium value theory
D、① production factor value theory, ② marginal utility value theory and equilibrium value theory, ③ labor value theory

19、Qian Duoduo ate two identical loaves of bread in succession. The degree of satisfaction Qian Duoduo got from these two loaves of bread was:
A、exactly the same
B、The degree of satisfaction obtained from the first bread is greater than that obtained from the second bread.
C、There is a difference.
D、The degree of satisfaction obtained from the first bread is less than that obtained from the second bread.

20、The time value of money refers to
A、Time is money.
B、One yuan today is worth the same as one yuan a year from now.
C、A certain amount of money held at present has more value than the equivalent money acquired in the future.
D、The equivalent money acquired in the future has more value than a certain amount of money held at present.

21、What is time preference?
A、People prefer the present consumption.
B、People prefer the future consumption.
C、Compared with the future consumption people prefer the present consumption.
D、Compared with the present consumption people prefer the future consumption.

22、What is uncertainty?
A、Uncertainty is that a kind of behavior would result in two or more than two consequences.
B、Uncertainty is that a kind of behavior would result in two or more than two consequences that people can not know exactly in advance.
C、Uncertainty is that a kind of behavior would result in two consequences.
D、Uncertainty is that a kind of behavior would result in two consequences that people can not know exactly in advance.

23、Money has a time value for several reasons:
A、time preference
B、uncertainty
C、inflation
D、all the above

24、Where does the time value of money come from?
A、Fundamentally speaking, the time value of money comes from the wealth creation in physical economy.
B、The time value of money comes from investment.
C、The time value of money comes from bank.
D、The time value of money comes from borrowing money.

25、The financial definition of future value is
A、future value refers to the final value
B、future value refers to the value in future
C、future value refers to at a certain time point in future the expected value of a known amount of fund held now
D、future value (FV) refers to the investment value of a certain amount of money invested at a given interest rate over a period of time

26、The financial definition of present value is
A、present value is the value now
B、present value is the final value
C、present value (PV) is the current value of future funds discounted at an appropriate interest rate
D、present value is the current value of future fund

27、If the interest rate is zero, the future value of a sum of money invested today is always
A、No matter how long it takes, it stays the same
B、It increases with time
C、It decreases with time
D、It stays the same or increases with time

28、Assuming the interest rate is greater than zero, in the case of a shrinking term, the present value of a sum of money in future is
A、unchanged
B、increasing
C、decreasing
D、uncertain

29、If interest rate increases, the present value of the 10,000 yuan received in 10 years is
A、uncertain
B、unchanged
C、increasing
D、decreasing

30、Assuming the interest rate is 6%, the term is 5 years; If present value increases, future value will be
A、increasing
B、decreasing
C、unchanged
D、uncertain

31、10,000 yuan is invested this year, annual interest rate is 6% and compounding, what is the future value after 5 years？
A、13000 yuan
B、13382.26 yuan
C、13283.25 yuan
D、13288.26 yuan

32、You have two years to go before you graduate from college, the graduation tour will cost 3,000 yuan. There is a financial account where the annual rate of return is 6%. How much money do you need to deposit in your financial account to save enough money for your graduation travel expenses?
A、2669.9 yuan
B、2668.1 yuan
C、2669.99 yuan
D、2669.98 yuan

33、You deposit 1000 yuan into an account with an annual interest rate of 5%. How many years later does the account balance have 2000 yuan?
A、13
B、14.5
C、14
D、15

34、There is an investment, the initial investment is 8000 yuan, you get 10,000 yuan after 3 years, what's the rate of return on this investment?
A、7.00%
B、7.60%
C、7.70%
D、7.72%

35、The definition of cash flow is
A、Cash flow is the money received
B、Cash flow is the money payed out
C、Cash flow is the money that is received or paid out at a certain period
D、Cash flow is the money received or spent

36、The elements of cash flow are
A、Size（the amount of money）
B、Direction（whether money received or money payed out）
C、Period（the time interval in which money is received or payed out）
D、all the above

37、The definition of multiple cash flows is
A、Multiple cash flows are money received many times
B、Multiple cash flows are money payed out many times
C、Multiple cash flows are money received or spent
D、Multiple cash flows are a series of cash flows

38、Multiple cash flows can be expressed in two ways. They are
A、cash flow table and time axis
B、cash flow table and time line
C、table and time line
D、table and time axis

39、In time line, the positive and negative signs in front of the numbers indicate
A、A positive sign is an inflow of cash, and a negative sign is an outflow of cash
B、A positive sign is an outflow of cash, and a negative sign is an inflow of cash
C、A positive sign is an inflow of cash
D、A negative sign is an outflow of cash

40、When we show a cash flow, if it is not specifically specified, we
A、can't determine the time point of cash flow
B、assume artificially the time point of cash flow
C、assume this cash flow is received at the end of the period
D、assume this cash flow is received at the beginning of the period

41、The basic idea of present value calculated by discounting each cash flow separately is
A、to discount cash flow to the present, and then to calculate present value
B、to discount each cash flow separately to present, and then to add up to calculate present value
C、to compound cash flow to the present, and then to calculate present value
D、to compound each cash flow separately to present, and then to add up to calculate present value

42、The basic idea of present value of multiple cash flows calculated by discounting back one period at a time is
A、from the farthest cash flow to discount back one period and plus the previous period cash flow, then to discount back one period again and then plus the previous period cash flow, and to continue the preceding process until present value is calculated
B、from the farthest cash flow to discount back one period, then to discount back one period again, and to continue the preceding process until present value is calculated
C、from the farthest cash flow to compound and plus the previous period cash flow, then to compound again and then plus the previous period cash flow, and to continue the preceding process until present value is calculated
D、from the farthest cash flow to compound, then to compound again, and to continue the preceding process until present value is calculated

43、The basic idea of calculating future value by compounding each cash flow separately is
A、to discount each cash flow to future time point and to calculate future value
B、to compound each cash flow to future time point and to calculate future value
C、to discount each cash flow separately to future time point and then to add up to calculate future value
D、to compound each cash flow separately to future time point and then to add up to calculate future value

44、The basic idea of calculating future value by compounding forward one period at a time is
A、to compound current cash flow, then to compound again, and to continue the preceding process until future value is calculated
B、to compound current cash flow and plus next period cash flow, then to compound again and plus next period cash flow, and to continue the preceding process until future value is calculated
C、to discount current cash flow, then to discount again, and to continue the preceding process until future value is calculated
D、to discount current cash flow and plus next period cash flow, then to discount again and plus next period cash flow, and to continue the preceding process until future value is calculated

45、You are facing such an investment opportunity, its investment return is as follows: 1 year later you will get 2000 yuan, 2 years later you will get 2200 yuan, 3 years later you will get 3000 yuan and 4 years later you will get 3000 yuan. You hope that the rate of return on this investment is no less than 6%, how much is the most capital you will invest？
A、8741.02
B、8740.00
C、8739.00
D、8739.92

46、For the next 3 years, you'll save money into an financial account with an annual interest rate of 7%. You'll deposit 1,000 yuan at the end of the 1st year, 1,200 yuan at the end of the 2nd year and 1,500 yuan at the end of the 3rd year. How much is the balance of the financial account at the end of year 3?
A、3928.90
B、3929.00
C、3928.00
D、3930.90

47、The definition of final annuity is as follows
A、Final annuity is a series of cash flows. Final annuity is also called ordinary annuity.
B、Final annuity is a series of equal cash flows. Final annuity is also called ordinary annuity.
C、Final annuity is a series of cash flows occurring at the end of every period. Final annuity is also called ordinary annuity.
D、Final annuity is a series of equal cash flows occurring at the end of every period. Final annuity is also called ordinary annuity.

48、The definition of beginning annuity is as follows
A、Beginning annuity is a series of cash flows. Beginning annuity is also called annuity due.
B、Beginning annuity is a series of equal cash flows. Beginning annuity is also called annuity due.
C、Beginning annuity is a series of equal cash flows occurring at the beginning of every period. Beginning annuity is also called annuity due.
D、Beginning annuity is a series of cash flows occurring at the beginning of every period. Beginning annuity is also called annuity due.

49、The financial implication of present value interest factor for annuity PVIFA(r，n) is
A、the current value at discount rate r for final annuity of 1 yuan and n periods
B、the current value at discount rate r for final annuity of 1 yuan
C、the current value for final annuity of 1 yuan and n periods
D、the current value for final annuity of 1 yuan

50、The financial implication of future value interest factor for annuity FVIFA(r，n) is
A、the balance of the account at the end of nth period with interest rate r
B、the balance of the account at the end of nth period with interest rate r and 1 yuan deposited at the end of each period
C、the balance of the account at the end of nth period with interest rate r and 1 yuan deposited for every period
D、the balance of the account at the end of period with interest rate r and 1 yuan deposited at the end of each period

51、The relationship equation of time value of money between final annuity and beginning annuity is as follows
A、Present value or future value of beginning annuity ≥Present value or future value of final annuity×（1+r）
B、Present value or future value of beginning annuity ≤Present value or future value of final annuity÷（1+r）
C、Present value or future value of beginning annuity =Present value or future value of final annuity×（1+r）
D、Present value or future value of beginning annuity =Present value or future value of final annuity÷（1+r）

52、You are facing such an investment opportunity, in the next 3 years you will get 5000 yuan. You hope the rate of return on the investment is no less than 8%, how much is the most capital you will invest？
A、12885.48
B、12887.00
C、12878.48
D、12886.38

53、In the next 5 years you put 1000 yuan into a financial account with annual interest rate 6% every year. At the end of 5th year, how much is the balance of the financial account?
A、5347.09
B、5647.09
C、5337.09
D、5637.09

54、Qian Duoduo’s credit card overdrew 600 yuan. He can only afford of 50 yuan each month-- the minimum repayment amount per month. The monthly interest rate for credit card overdraft is 1.5%. How long will it take for Qian Duoduo to cover the overdraft?
A、13.5 months
B、14 months
C、14.5 months
D、15 months

55、You are facing such an investment opportunity. Now you invest 10000 yuan, in the next 3 years you will get 4000 yuan every year. How much is the rate of return on this investment？
A、12.00%
B、10.00%
C、20.00%
D、9.70%

56、Qian Mama applies for 200000 yuan car loans, the interest rate of the car loans is 6%, the period is 5 years, repayment of principal and interest is the same amount. How much will Qian Mama pay the car loans each month?
A、3877.56
B、3978.56
C、3866.56
D、3967.56

57、What is bond?
A、Bond is the certificate of creditor's rights and debt, which is issued by a borrower to a bond investor.
B、Bond is the certificate of creditor's rights and debt, which is issued by a borrower to a bond investor and promises in an agreed manner to repay the principal.
C、Bond is the certificate of creditor's rights and debt, which is issued by a borrower to a bond investor and promises at a certain interest rate to pay interest and in an agreed manner to repay the principal.
D、Bond is the certificate of creditor's rights and debt, which is issued by a borrower to a bond investor and promises at a certain interest rate to pay interest.

58、There are four basic elements of bond, they are
A、the par value of bond, the time to maturity of bond, the investor of bond, the issuer of bond
B、the par value of bond, the coupon rate of bond, the investor of bond, the issuer of bond
C、the par value of bond, the time to maturity of bond, the coupon rate of bond, the investor of bond
D、the par value of bond, the time to maturity of bond, the coupon rate of bond, the issuer of bond

59、What is stock?
A、In China stock is the certificate issued by a company to prove the shares held by shareholders.
B、In China stock is the certificate issued by a limited company to prove the shares held by shareholders.
C、Stock is the certificate issued by a company to prove the shares held by shareholders.
D、Stock is the certificate to prove the shares held by shareholders.

60、What is a perpetuity?
A、A perpetuity is a final annuity whose period is infinite. There is no future value for perpetuity.
B、A perpetuity is an annuity whose period is infinite. There is no future value for perpetuity.
C、A perpetuity is a final annuity whose period is infinite. There is no present value for perpetuity.
D、A perpetuity is an annuity whose period is infinite. There is no present value for perpetuity.

61、A bond whose market price is lower than its par value is called
A、a par value bond
B、a discount bond
C、a premium bond
D、a gilt edged bond

62、A bond whose market price is the same as its par value is called
A、a par value bond
B、a discount bond
C、a premium bond
D、a gilt edged bond

63、A bond whose market price is higher than its par value is called
A、a par value bond
B、a discount bond
C、a premium bond
D、a gilt edged bond

64、Qian Papa invests in a corporate bond, whose market price is 900 yuan, par value is 1000 yuan, coupon rate is 8%, interest is payed once a year and there are 10 years before maturity. Qian Papa wants to know what is the rate of return of this bond?
A、9.49956%
B、9.59956%
C、9.69956%
D、9.69656%

65、Qian Mama's Venture Company issues preferred stock and distributes dividends 5 yuan per share each year. Assuming that the rate of return required in the market for the preferred stock is 20%, how much is the market value of the preferred stock of Venture Company?
A、30 yuan
B、50 yuan
C、20 yuan
D、25 yuan

66、Qian Duoduo bought a stock 2 years ago. When she bought it, the stock price was 80 yuan. At present the market price of the stock is 92 yuan. During this period no dividends were paid out. How much is the rate of return for this stock invested by Qian Duoduo?
A、7.23805%
B、7.33805%
C、7.23508%
D、7.33508%

67、What is net present value?
A、Net present value is the cost of an investment.
B、Net present value is the market value of an investment.
C、Net present value is the sum of the market value of an investment and its cost.
D、Net present value is the difference between the market value of an investment and its cost.

68、The financial connotation of net present value is
A、Net present value is a measure of the value created by undertaking an investment.
B、Net present value is a measure of the value added by undertaking an investment.
C、Net present value is a measure of the current value created or added by undertaking an investment
D、Net present value is a measure of the market value created or added by undertaking an investment.

69、The net present value rule is
A、If net present value of an investment is negative, we would accept it. If net present value of an investment is positive, we would reject it.
B、If net present value of an investment is positive, we would accept it. If net present value of an investment is negative, we would reject it.
C、If net present value of an investment is positive, we would accept it.
D、If net present value of an investment is negative, we would reject it.

70、What is net cash flow?
A、The net cash flow is at a certain time point the difference the inflow of cash flow minus the outflow of cash flow.
B、The net cash flow is at a certain time point the sum the inflow of cash flow and the outflow of cash flow.
C、The net cash flow is at a certain time point the inflow of cash flow.
D、The net cash flow is at a certain time point the outflow of cash flow.

71、What is the internal rate of return?
A、The internal rate of return is the discount rate.
B、The internal rate of return is the discount rate when net present value is zero.
C、The internal rate of return is the discount rate when net present value is bigger than zero.
D、The internal rate of return is the discount rate when net present value is smaller than zero.

72、The internal rate of return rule is
A、If the internal rate of return for an investment is higher than the required rate of return, we should accept the investment.
B、If the internal rate of return for an investment is lower than the required rate of return, we should reject the investment.
C、If the internal rate of return for an investment is higher than the required rate of return, we should accept the investment. If the internal rate of return for an investment is lower than the required rate of return, we should reject the investment.
D、If the internal rate of return for an investment is higher than the required rate of return, we should reject the investment. If the internal rate of return for an investment is lower than the required rate of return, we should accept the investment.

73、What are mutually exclusive investment projects?
A、If two investment projects are mutually exclusive, that is to say, if we accept one of them, we should accept another project.
B、If two investment projects are mutually exclusive, that is to say, if we accept one of them, we cannot accept another project.
C、If two investment projects are mutually exclusive, that is to say, if we reject one of them, we should reject another project.
D、None of above is true

74、What are the limitations of the internal rate of return?
A、The internal rate of return may not exist.
B、There may be multiple solutions to the calculation equation for the internal rate of return.
C、The internal rate of return cannot be used for investment decision analysis of mutually exclusive investment projects.
D、All of the above

75、Qian Mama is going to open a flower shop, the initial investment will cost 10 ten thousand yuan, the annual income will be 18 ten thousand yuan, the annual cost will be 12 ten thousand yuan, she can open the shop for 3 years. Assume the required rate of return is 16%, what is the net present value of this investment?
A、34753.37 yuan
B、34753.47 yuan
C、35753.37 yuan
D、35753.47 yuan

76、Qian Mama is going to open a flower shop, the initial investment will cost 10 ten thousand yuan, the annual income will be 18 ten thousand yuan, the annual cost will be 12 ten thousand yuan, she can open the shop for 3 years. What is the internal rate of return of this investment?
A、36.40765%
B、36.30765%
C、36.40965%
D、36.30965%

77、The intertemporal budget constraint equation based on personal life-cycle describes the relationship among initial wealth, lifetime income, lifetime consumption and bequest. Its financial logic is
A、The wealth of a person and his lifetime income can only be used for his lifetime consumption.
B、The wealth that a person owns at beginning (initial wealth) and his lifetime income can only be used for his lifetime consumption.
C、The wealth that a person owns at beginning (initial wealth) and his lifetime income can only be used for his lifetime consumption and as a bequest to the next generation.
D、The wealth of a person and his lifetime income can only be used for his lifetime consumption and as a bequest to the next generation.

78、The economic cost of a professional degree includes
A、the tuition directly expended and the living expenses
B、the tuition directly expended and the extra living expenses
C、the tuition directly expended, the living expenses as well as the resulting abandoned employment incomes
D、the tuition directly expended, the extra living expenses as well as the resulting abandoned employment incomes

79、Qian Duoduo will graduate from university and is considering whether to pursue a professional degree. If Qian Duoduo gets a job immediately, the real annual income is estimated to be 60000 yuan per year during his job. If Qian Duoduo goes to study for a professional degree for 2 years, the annual tuition fee is 40000 yuan (excluding inflation) and the living expenses are 12000 per year (excluding inflation). It is estimated after getting the professional degree the real annual income will increase by 30000 yuan. How much is the real annual economic cost for Qian Doudou to study for the professional degree?
A、100000 yuan per year
B、112000 yuan per year
C、40000 yuan per year
D、52000 yuan per year

80、In the real estate agency, Qian Mama feels satisfied with a house, this house can be sold or rented. If it is for sale the total cost will be 1200000 yuan including all taxes and fees and no bargaining space. If the annual real interest rate is 4%, Qian Mama wants to know when the annual real rent of the house is not higher than what price, it is cheaper to rent than to buy.
A、24000 yuan per year
B、48000 yuan per year
C、36000 yuan per year
D、50000 yuan per year

81、Qian Duoduo is 25 years old this year. He will retire at the age of 65 and then live to 85 years old. He doesn't accumulate any property and will not leave bequest to the next generation. Qian Duoduo's real annul income is 120000 yuan, that is to say that the annual income will increase with inflation. He is making a savings plan for retirement. Assume the real annual interest rate is 3%. If Qian Duoduo wants that the consumption level to remain the same before and after retirement, how much does he need to save each year?
A、19775.49 yuan
B、19975.49 yuan
C、19975.39 yuan
D、19775.39 yuan

82、Money is an invention of human and a product of society.

83、Shell money is the most important physical money, “mei” is the measurement unit for shell money.

84、The earliest coined money in the world is the amber gold coin of Lydia, amber gold coins were also called lion coins.
学习通The Time Value of Money in Life

在人生中，时间价值的概念是至关重要的。尤其是在金融领域，时间价值是一个重要的概念，它关系到投资的收益率和可观察到的风险。在这篇文章中，我们将探讨时间价值的概念，并解释它在人生中的应用。

什么是时间价值？

时间价值是指时间对货币价值的影响。在金融领域，时间价值通常被称为时间价值的概念。它是指，由于货币的时间价值可能随着时间的流逝而改变，因此相同的金额在不同的时间具有不同的价值。

因此，时间价值是根据不同的时间点计算的，因为钱的价值随着时间的推移而改变。

时间价值在生活中的应用

储蓄和投资

时间价值对储蓄和投资有着重要的影响。储蓄和投资是人们为了未来的经济稳定而进行的行为。如果你拥有一定的储蓄，并且愿意将其投资，你可以在未来获得更多的收益。

在储蓄和投资方面，时间价值是非常重要的。如果你将你的钱投资到一个长期的投资计划中，即使你每年只能获得少量收益，但如果你持续投资数年，你将获得大量的收益。

此外，时间价值还会影响你的投资决策。如果你要投资的项目具有高风险，那么你就需要考虑时间价值。高风险投资可能不会在短时间内获得大量的收益，但在长期投资的情况下，你可能会获得更大的收益。

贷款和债务

时间价值还会影响你的贷款和债务。当你申请贷款时，你需要还款，包括本金和利息。由于时间价值的影响，你在未来所支付的利息将比现在所支付的利息更高。

同样，如果你有债务，那么你需要尽早付款。如果你将债务推迟，你将支付更多的利息。因此，时间价值是一个非常重要的概念，当你考虑到你的财务状况时，你需要考虑到它。

退休计划

时间价值对于退休计划非常重要。当你考虑到你的退休计划时，你需要考虑到时间价值。如果你早早地开始为退休储蓄，你将能够获得更多的收益。

同样，如果你推迟退休储蓄，你需要更多的钱来存储，以便在退休后享受同样的生活水平。因此，在退休计划中，时间价值是一个非常重要的概念，你需要考虑到它。

结论

在人生中，时间价值是一个非常重要的概念。它在金融领域中有着广泛的应用，但它也在我们日常生活中发挥着重要的作用。通过理解时间价值的概念，我们能够更好地管理我们的财务状况，并做出更好的财务决策。

学习通The Time Value of Money in Life

在人生中，时间价值的概念是至关重要的。尤其是在金融领域，时间价值是一个重要的概念，它关系到投资的收益率和可观察到的风险。在这篇文章中，我们将探讨时间价值的概念，并解释它在人生中的应用。

什么是时间价值？

时间价值是指时间对货币价值的影响。在金融领域，时间价值通常被称为时间价值的概念。它是指，由于货币的时间价值可能随着时间的流逝而改变，因此相同的金额在不同的时间具有不同的价值。

因此，时间价值是根据不同的时间点计算的，因为钱的价值随着时间的推移而改变。

时间价值在生活中的应用

储蓄和投资

时间价值对储蓄和投资有着重要的影响。储蓄和投资是人们为了未来的经济稳定而进行的行为。如果你拥有一定的储蓄，并且愿意将其投资，你可以在未来获得更多的收益。

在储蓄和投资方面，时间价值是非常重要的。如果你将你的钱投资到一个长期的投资计划中，即使你每年只能获得少量收益，但如果你持续投资数年，你将获得大量的收益。

此外，时间价值还会影响你的投资决策。如果你要投资的项目具有高风险，那么你就需要考虑时间价值。高风险投资可能不会在短时间内获得大量的收益，但在长期投资的情况下，你可能会获得更大的收益。

贷款和债务

时间价值还会影响你的贷款和债务。当你申请贷款时，你需要还款，包括本金和利息。由于时间价值的影响，你在未来所支付的利息将比现在所支付的利息更高。

同样，如果你有债务，那么你需要尽早付款。如果你将债务推迟，你将支付更多的利息。因此，时间价值是一个非常重要的概念，当你考虑到你的财务状况时，你需要考虑到它。

退休计划

时间价值对于退休计划非常重要。当你考虑到你的退休计划时，你需要考虑到时间价值。如果你早早地开始为退休储蓄，你将能够获得更多的收益。

同样，如果你推迟退休储蓄，你需要更多的钱来存储，以便在退休后享受同样的生活水平。因此，在退休计划中，时间价值是一个非常重要的概念，你需要考虑到它。

结论

在人生中，时间价值是一个非常重要的概念。它在金融领域中有着广泛的应用，但它也在我们日常生活中发挥着重要的作用。通过理解时间价值的概念，我们能够更好地管理我们的财务状况，并做出更好的财务决策。