Time Value of Funds is an important idea in Financial Management. In Business, Financial Decisions ought to be taken only after thinking about the Time Value aspects of Funds.
Time Value of Funds is based on the idea that funds you have today is worth over the promise or expectation that you will get in the future.
Everyone knows that funds deposited in a savings account will earn interest. Because of this universal fact, they would prefer to get funds today than the same amount in the future.
This work is introduced in simple style.
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