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Why the time value of money is important 2024?
Questioner:Ethan Turner 2023-05-07 11:51:02
The most authoritative answer in 2024
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Sophia Cooper——Studied at University of Oxford, Lives in Oxford, UK
A: The
time value of money (TVM) is an
important concept to investors because a dollar on hand today is worth more than a dollar promised in the future. The dollar on hand today can be used to invest and earn interest or capital gains.
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