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This online calculator helps students' understanding of the time value of money, a foundational principle in financial mathematics. It empowers them to execute financial computations, such as determining present or future value with ease. By eliminating the need for time-consuming calculations, it enhances students' understanding of the concept.

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TimeMoney

This is a web application that allows users to calculate the time value of money (TVM), a fundamental concept in financial mathematics. The concept states that money available today is worth more than the same amount in the future. TVM is based on the idea that money can earn interest or be invested over time, and thus has a potential future value. This application allows users to perform complex financial calculations such as how to calculate the present value or future value with ease. You can visit the website here

Technologies

This project is built with Vite and uses the following technologies:

  • HTML for the structure and content of the website
  • SCSS for the styling and layout of the website
  • TypeScript for the logic and functionality of the website

Features

  • Lets users enter the parameters of a TVM problem, such as the present value, future value, interest rate, number of periods, and payment amount.
  • The application then uses formulas to calculate the missing value and display the result to the user.
  • The application also shows the full meaning of the formulas and the steps involved in the calculation.

Installation

To run the project locally, you need to have Node.js installed on your machine.

  • Clone the project repository:
git clone https://github.com/itsmacr8/time-money.git
  • Navigate to the project directory
cd time-money
  • Install the dependencies:
npm install

Usage

To start the development server, run the following command. This will open the web application in your default browser at http://localhost:5173/

npm run dev

To build the production bundle, run the following command. This will create a dist folder with the minified and optimized files for deployment.

npm run build

To preview the production version, run the following command. This will open the web application in your default browser at http://localhost:4173/

npm run preview

License

This project is licensed under the MIT License. See the LICENSE file for more details.

About

This online calculator helps students' understanding of the time value of money, a foundational principle in financial mathematics. It empowers them to execute financial computations, such as determining present or future value with ease. By eliminating the need for time-consuming calculations, it enhances students' understanding of the concept.

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1 watching

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