Determining the concept of time value of money
Please respond to the following:
· Explain the concept of time value of money and how this can be applied in your life.
· Explain capital budgeting and why the internal rate of return is important to an organization.
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Explain the concept of time value of money and how this can be applied in your life. Explain capital budgeting and why the internal rate of return is important to an organization.
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