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Time Value of Money
Essay specific features
Written by:
Florence S
Date added:
September 6, 2013
Level:
University
Grade:
A
No of pages / words:
4 / 1000
Was viewed:
4901 times
Rating of current essay:
Essay content:
Conversely, one can determine the value to which a single sum or a series of future payments will grow to at some future date.
The time value of money serves as the foundation for all other notions in finance. It impacts business finance, consumer finance and government finance. Time value of money results from the concept of interest...
displayed 300 characters
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Time value of money results from the concept of interest.
Key Components of Time Value of Money
Present Value is an amount today that is equivalent to a future payment, or series of payments, that has been discounted by an appropriate interest rate. The future amount can be a single sum that will be received at the end of the last period, as a series of equally-spaced payments (an annuity), or both...
displayed 300 characters
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