Purchase Solution

Home Mortgages and Time Value of Money

Not what you're looking for?

Ask Custom Question

How are home mortgages and the "time value of money" concept related?

Purchase this Solution

Solution Summary

The time value of money is related to the home mortgage business. This solution discusses how they are connected.

Solution Preview

For many people buying a home is the biggest investment that they will make in their lifetime. This investment is not only large to the new homeowner, but for the bank as well. The time value of money is very important to banks when dealing with mortgages. "Money has a time value associated with it and therefore a dollar received today is worth more than a dollar to be ...

Purchase this Solution


Free BrainMass Quizzes
Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.