Uses of Time Valued Money Free Essay, Term Paper and Book Report
Uses of Time Valued Money
Valuing money is important to many corporations. Managing a company requires high-quality knowledge of money and how it is used. Three uses that will be discussed in the paper are present and future, finance, and investments. These are just a couple of areas that will enhance the knowledge of time-valued money.
To fully understand time value of money one must first understand a few terms. Present value and future value is totally different. Of course, present value is what you have right now at this present time. While future value is the amount of money you will have at a given time in the future. Money is known to be worth more now in the present time than in the future. It is worth more because you can invest it and earn interest. Time is also locked in the way money is valued. Ben Franklin once said, The inherent ambiguity of the value of time promotes accommodations and rationalization and may explain the rather obvious observation that most people are a lot more willing to waste time than money. Money is easy access, whereas ......
Word Count: 1079
Page Count: 4.3 (250 words a page / double spaced)
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