Question: Hello team chegg, please I need an expert in Project management to help me solve this question. a) Explain the time value of money principle

Hello team chegg, please I need an expert in Project management to help me solve this question.

a) Explain the time value of money principle and indicate how it may be applied to project selection. 5 marks

b) Explain one(1) advantage of using the Net Present Value instead of the discounted payback period in project selection

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