In your own words, describe the time value of money concept and how it affects your investment
Question:
In your own words, describe the time value of money concept and how it affects your investment program.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
The time value of money allows people to invest money over a period of time At the end of the i...View the full answer
Answered By
Allan Simiyu
I am an adroit Writer. I am a dedicated writer having worked as a writer for 3 years now. With this, I am sure to ace in the field by helping students break down abstract concepts into simpler ideas.
5.00+
8+ Reviews
54+ Question Solved
Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
Question Posted:
Related Video
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.
Students also viewed these Business questions
-
Explain the time value of money concept and how it could affect your investment programs.
-
In your own words describe a CFE.
-
Describe the time value of money, and explain how it applies to business valuation.
-
Consider the problem of minimizing (x, y) = x subject to g(x, y) = (x 1) 3 y 2 = 0. (a) Show, without using calculus, that the minimum occurs at P = (1, 0). (b) Show that the Lagrange condition P =...
-
Is the price at which a bond would sell in the market without the conversion feature. Market premium Conversion value Straight bond value Strike price value
-
Solomon Corporation paid one of its sales representatives $4,000 during the month of March. The rep is paid a base salary plus $10 per unit of product sold. During March, the rep sold 300 units....
-
You are a sales manager for an office supply distributor in a large metropolitan area. What do you use as your basic control unit in creating territories? Why?
-
A typical coal-fired power plant generates 1000 MW of usable power at an overall thermal efficiency of 40%. (a) What is the rate of heat input to the plant? (b) The plant bums anthracite coal, which...
-
The following topology is set for OSPF dynamic routing protocol. What is the router ID for R2? SW1 LoopBack IP address: 5.5.5.5 192.168.20.15/24 20.20.20.5/24 R1 30.40.50.1/24 192.168.20.10/24 R3...
-
Claire and Don formed Y Corporation to engage in the waste hauling and landfill business. Claire contributed a solid waste truck with a basis of $150,000 and a fair market value of $100,000 in...
-
Assume you are 45 years old, want to retire in 20 years, and currently have an investment portfolio valued at $240,000 invested in technology stocks. After talking with a financial advisor, you feel...
-
In 2014, you gave a $12,000 gift to a friend. What is the gift tax?
-
True or False The graph of the function has y = 2 as a horizontal asymptote. f(x) = 2.x x - 3
-
What is audit invention assessment and technology audit? Explain briefly
-
Carter construction got a construction project loan from Luxor bank, secured by Carter's state of the art equipment. Luxor duly perfected its security interest by filing a financing statement...
-
You would like to customize an invoice, where do you go? Group of answer choices Dashboard->Forms Dashboard->Forms AND Gear->Account and Settings->Sales Gear->Account and Settings->Sales...
-
Those who want politicians to stabilize the economy would advocate what wil happen when aggregate demand is insufficient to ensure full employment?
-
If the equilibrium price of concert tickets were $40, a maximum price of $40 will have no effect on the number of people who attend classical music concerts. Explain
-
Which has a more direct influence on the loudness of a sound wave: the displacement amplitude or the pressure amplitude? Explain.
-
Solve each equation or inequality. |6x8-4 = 0
-
In which provinces is auto insurance provided by a government agency?
-
Define and describe an auto insurance policy.
-
What is third party liability? Define and describe the two components of third party liability coverage.
-
A corporation issues 13 %, 15-year bonds with a par value of $570,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 11%, which implies a selling price...
-
A production department reports the following conversion costs. Equivalent units of production for conversion total 436,000 units this period. Calculate the cost per equivalent unit of production for...
-
If you were asked whether a large university such as Tennessee or Michigan with a large seating capacity for their football stadiums should build a new football stadium, how would you respond and...
Study smarter with the SolutionInn App