Tasks:
You have been asked by the local elementary school to come and explain the concept of the time value of money.
Problem 1: Discuss this topic as you might explain it to an 8-year old child. What would you say?
Problem 2: What demonstration will you perform to help them understand the topic?
Submit thoughtful, substantial, and appropriate responses early in the week to allow time for your peers to read and review them.
Problem 3: Is the explanation of the concept and demonstration effective and appropriate for an 8-year old child? Support your comments with valid reasons.