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The Time Value of Money
Updated Sep 16, 2024
What you'll learn
- Here we look at how present value and future value are related through the interest rate and also examine the effects of compounding.
Course Description
The time value of money is a fundamental concept in finance. It reflects the fact that money available today is worth more than the same amount in the future due to its potential earning capacity. Here we look at how present value and future value are related through the interest rate and also examine the effects of compounding.
