provided some examples of TVM problem scenarios. For your first post, provide a story problem that can be solved using one or more of the TVM calculations.

Your second post will be a description of how the problem posed by another student can be solved.

For your next post, describe some of the assumptions behind the TVM calculations. How do these assumptions limit our application of these calculations?

Let's say that somebody takes out a car loan. The loan is for $20,000, monthly payments are made for 5 years, and the annual interest rate is 1.8%. What will the monthly payment be?