Respuesta :

monster0426
The time value of money  is the idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.
A time value of money of 8% per year also tells us that receiving $1,080 one year from now is comparable to receiving $1,000. With a time value of money of 8% per year, accountants will state that receiving $1,080 in one year has a present value of $1,000.


Hope This Help!

Otras preguntas