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Why is the time value of money so important 2024?
Questioner:Mia Cooper 2023-05-07 11:51:19
The most authoritative answer in 2024
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Charlotte Williams——Studied at the Sorbonne University, Lives in Paris.
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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