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Time value of money concept

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Write a 200-300 word description of the four time value of money concepts: present value, present value of an annuity, future value , future value of an annuity. Describe the characteristics of concept and give examples of when each would be used.

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Solution Summary

The problem deals with defining and explaining the different elements of the time value of money concept.

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  • B. Sc., University of Nigeria
  • M. Sc., London South Bank University
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