1. Why do we say money has time value? 2. Why is it important for business managers...
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1. Why do we say money has time value?
2. Why is it important for business managers to be familiar with time value of money concepts?
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Related Book For
Managing Information Technology
ISBN: 978-0131789548
6th edition
Authors: Carol Brown, Daniel W. DeHayes, Jeffrey A. Hoffer, Wainright E. Martin, William C. Perkins
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The time value of money (TVM) is the concept that the money you have in your pocket today is worth more than the same amount would be if you received it in the future because of the profit it can earn during the interim.
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