How do time value of money concepts assist a company in making capital budgeting decisions?© BrainMass Inc. brainmass.com November 24, 2021, 11:53 am ad1c9bdddf
Time literally is money - the value of the money you have now is not the same as it will be in the future and vice versa. It impacts business finance, consumer finance and government finance. Time value of money results from the concept of interest.
THere is a time preference for money is an individual's preference for possession of ...
This explains the time value of money concepts assist a company in making capital budgeting decision