Finance Assignment
An understanding of the time value of money is a critical contributing factor to successful investment and financing decisions. Write an academic paper of between 750 to 1475 words (3 to 5 pages) explaining the time value of money concept and its relationship to business and management as well as personal life.
Your paper should also include discussion on:
A. Differences between present value and future value.
B. Differences between present value of ordinary annuity and present value of annuity due.
C. How the time value of money can be used by management to maximize return and reduce risk.
Format your assignment according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.