Time Value of Money (CFA L1) Financial Mathematics This reading provides an introduction to the concepts and techniques of time value of money. These techniques are a fundamental tool for financial analysis, corporate finance, valuation, and other investment decisions. Course Content Introduction – Time Value of Money Interest Rates Interest Rate Equation Nominal Interest Rate and Effective Yield Time Value of Money for Different Compounding Frequencies Future Value of a Single Cash Flow Present Value of a Single Cash Flow Future Value and Present Value of Ordinary Annuity Present Value and Future Value of Annuity Due Present Value of a Perpetuity Present Value and Future Value of Uneven Cash Flows Annuities with Different Compounding Frequencies Using a Timeline to Solve Time Value of Money Problems Time Value of Money Quiz 1 ( Reading 6, CFA Level I)