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Finance for Non-Finance Executives - Accra (Ghana). This event is now over. Finance for Non-Finance Executives. The workplace is an ever evolving environment and nowadays Non Financial Managers are required to hold the information of key financial concepts. This has come about from the need to create synergy between the finance department and non finance departments so shared business objectives and drivers can be communicated effectively. The Finance for Non-Finance Executives course will unveil the mys...
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FINANCE FOR NON FINANCIERS - Home
1 VALUE OF THE MONEY THROUGH TIME. The money is an asset that cost with the pass of time; the interest rates are received periodic (monthly, quarterly, etc.). In finances, is understood the composed interest: interests produced periodically turn automatically into capital. If I place $1,000,000 (PV) to an interest rate (i) 3% monthly, when finishing the first period, the capital is equal to $1,030,000 and the new interest will be 3% of this number, and thus, successively. 1 i) = P (1 i). 1 i) = P (1 i).
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