Present Value of Future Money

Essay specific features

 

Issue:

Business

 

Written by:

Mark C

 

Date added:

August 7, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 800

 

Was viewed:

5523 times

 

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Essay content:

If I have a mountain of money after 30 years, what is its actual worth today? Jinny: Well, you just need to make smart use of your calculator to know that. If somebody promises to pay you Rs1 crore after 30 years, you may feel that after 30 years you would have a mountain of money. But don’t entertain the notion that after 30 years you could lead the lavish life of a present-day millionaire! You should always compare the future value of your money with its present value to see its true worth...
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If somebody promises to pay you Rs1 crore after 30 years, you may feel that after 30 years you would have a mountain of money. But don’t entertain the notion that after 30 years you could lead the lavish life of a present-day millionaire! You should always compare the future value of your money with its present value to see its true worth...
displayed next 300 characters

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