$1.$Define time value of money

$2.$ Discuss the difference between the present value and the future value of money.

$3.$List and define the four steps to solving time value of money calculations.

$4.$Define the present value of a future amount.

$5.$Define the future value of a lump$-$sum amount.

$6.$ Discuss the difference between ordinary annuity and annuity due.

$7.$Define present value of an ordinary annuity.

$8.$Define the present value of an annuity due.

$9.$ Define the future value of an ordinary annuity.

$10.$ Define the future value of an annuity due.

$11.$ Distinguish between an ordinary annuity payment with a lump$-$sum deposit versus an annuity due payment with a lump$-$sum deposit.

$12.$Define Net present Value $($NPV$)$

$13.$ Define Internal Rate of Return $($IRR$)$

$14.$ Define an inflation adjusted rate of return.

$15.$ Define a serial payment.

$16.$ Define what an amortization schedule illustrates.

$17.$ List applications other than education, retirement funding, mortgages, and loans for TVM$.$