Solved: What does the concept time value of money mean, Finance Basics

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What does the concept time value of money mean

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Problem: What does the concept "time value of money" mean? Why is the concept important? What are some practical applications of this concept for businesses? For individuals? What assumptions have to be accepted when discussing the "time value of money"?

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Finance Basics: What does the concept time value of money mean

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Finance Basics: What does the concept time value of money mean

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