3-14 Time Value of Money (applications) s Value of free credit SImplied Interest Rates INternal rate of return DTime necessary to accumulate funds Irwin/McGraw-Hill CThe McGraw-Hill Commpanies, Inc, 2001©The McGraw-Hill Companies, Inc.,2001 3- 14 Irwin/McGraw-Hill Value of Free Credit Implied Interest Rates Internal Rate of Return Time necessary to accumulate funds Time Value of Money (applications)