Concept of time value of money


Assignment:

Why is the concept of the "time value of money" a very important financial concept, both for organizations and for individuals? Give an example of how you might use the time value of money to make a personal decision.

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Financial Management: Concept of time value of money
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