Week 4 Assignment – The Time Value of Money Professor Michael Miceli November 22, 2020
1.Why do we care about the time value of money?The time value of money (TVM) is an important financial concept.
It would be preferable to receive money today as opposed to receiving the same amount in the future. This is attributed to the potential earning capacity of an investment. Money that can earn interest is worth more the sooner it is received.
Another relatable concept is that money deposited in a savings account will earn interest: the percentage of a dollar amount which accrued for its use over a certain period of time. It can also be thought of as the cost of not having money for one period, or the amount paid on an investment per year or specific time period. (Jackzo, n.d.)
The time value of money is the mathematical process
https://www.solvedcollegepapers.com/product/mba-524-mba524-mba-524-wcx
https://www.solvedcollegepapers.com/product/mba-524-mba524-mba-524-87
