1- What is the power of compound interest? Provide an example.

2-

What is the rule of 72?. Provide an example.

3-What is the tool recommended to organize cash flows? Provide an example.

4-Comparing cash flows

1. What would be more valuable?

a. Receiving $500.00 today.

b. Or, receiving $625.00 in 3 years ifinterest rates were 7%?

2. Why?

5-Comparing cash flows

1. What would you rather pay?

a. $425 payment today

b.$500 in 2 years, if interest rates were 10%

2. Why?