1. Name three business applications for the use of TVM. For each business application, provide one sentence or more to explain how TVM is used to improve a decision or understand the issues that TVM reflects.

2. There are several ways to complete TVM calculations ("doing the math") that we have discussed in this Chapter. Please identify (list) three means to access the calculations and explain which you prefer, and why is that is the best method to complete TVM calculations for you.

3. Using your own explanations, explain the difference between a PV calculation and an FV calculation. Use examples to explain if you think it is helpful.