Ask Question
26 February, 01:41

The time value of money refers to:

a. personal opportunity costs such as time lost on an activity.

b. financial decisions that require borrowing funds from a financial institution.

c. changes in interest rates due to changes in the supply and demand for money in our economy.

d. increases in an amount of money as a result of interest

+1
Answers (1)
  1. 26 February, 01:57
    0
    The time value of money (TVM) is the idea that money available at the presenttime is worth more than the same amount in the future due to its potential earning capacity. This core principle of finance holds that, providedmoney can earn interest, any amount of money is worth more the sooner it is received.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The time value of money refers to: a. personal opportunity costs such as time lost on an activity. b. financial decisions that require ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers