Time Value Of Money Flashcards
1
Q
What does time value of money mean
A
It means that the worth or purchasing power of money changes with time
Risk, interest rates and the opportunity cost of money changes the ‘value’ of money
B831 Corporate Finance > Time Value Of Money > Flashcards
What does time value of money mean
It means that the worth or purchasing power of money changes with time
Risk, interest rates and the opportunity cost of money changes the ‘value’ of money