For this weeks discussion look at the notes to the financial statements for the most recently released annual report for your company you chose during week 1. Which of the topics discussed in the notes involve the time value of money calculations that we are discussing this week? What type of financial information is reported in the related footnotes? The company of my choosing is Amazon. Explain the difference between simple and compound interest. Compute the future value of a single amount. Compute the present value of a single amount. Solve for either the interest rate or the number of compounding periods when present value and future value of a single amount are known. Explain the difference between an ordinary annuity and an annuity due situation. Compute the future value of both an ordinary annuity and an annuity due. Compute the present value of an ordinary annuity, an annuity due, and a deferred annuity. Solve for unknown values in annuity situations involving present value. Briefly describe how the concept of the time value of money is incorporated into the valuation of bonds, long-term leases, and pension obligations.