As discussed in class, I would like you to use this week's class lessons as a starting point in identifying a real life application of time value of money. I expect you to research the example you will present in your discussion on this board: include a description of the application (i.e. buying a Tesla), the numerical specifics of the application (i.e. current interest rates for car loans are 4% and the price of the Model 3 is X$ therefore...) and anything else you think is relevant from a financial point of view. These will be graded based on a a well thought out, well researched discussion that is directly applicable to TVM.

Be specific