Why should each of the following be familiar with compounding and present value concepts? a. A marketing

Question:

Why should each of the following be familiar with and present value concepts?
a. A marketing manager
b. A personnel manager

Compounding
Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. This growth, calculated using exponential functions, occurs because the investment will...