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Chapter 5
Time Value of Money
From: Financial Skills for Professionals
$2.60
Topics discussed in this chapter include and overview of simple and compound interest, retirement planning, compounding long-term debt, future value, annuities, saving for college, present value, contingency fees, the return on invested capital (ROIC), and the factors that underlie the value of money over time.
Contributors
Vern Krishna
Vern Krishna, CM, QC, FRSC, FCPA, has earned a B Comm (Manchester), MBA, LLB (Alberta), DCL (Cambridge), and LLM (Harvard). He is now a Professor of Law at the University of Ottawa. He is also Of Counsel, Tax Chambers LLP (Toronto). Professor Krishna is Queen’s Counsel, a member of the Order of Canada, a recipient of the Queen’s Diamond Jubilee Medal, the Governor General’s 125th Anniversary Medal, and a Fellow of the Royal Society (Canada). He has been a Bencher of the Law Society of Upper Canada since 1991 and served as its Treasurer from 2001–03. Professor Krishna is the author of seventeen texts in law, including, most recently, Volumes 1 (Personal) and 2 (Corporate) of The Fundamentals of Canadian Income Tax, Income Tax Law (2012), three volumes on general taxation, corporate taxation, and international taxation in Halsbury’s Laws of Canada, and the Editor of Canada’s Tax Treaties. He is listed in Who’s Who, and Lexpert has recognized him in Best Lawyers in Canada in Tax Law, Estates and Trusts, and Appellate Advocacy.
