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... displayed 300 characters
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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 300 characters
