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Time Value of Money (TVM):
The money that you have today may not be worth as much a year later. The value of money today will be worth more than tomorrow. This is the time value of money.
Page A-205
2. Time Value of Money (TVM)
The money that you have today may not be worth as much a year later. The value of money today will be worth more than tomorrow. This is the time value of money .