What does the notion time value of money mean? Why is it important for project evaluation?

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What does the notion “time value of money” mean? Why is it important for project evaluation?

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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Question Posted: Feb 20, 2013 09:38 AM

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What does the notion time value of money mean? Why is it important for project evaluation?

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The time value of money arises because a dollar today is w...View the full answer

Managerial accounting

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