INSERT SURNAME HERE1Time Value of Money (TVM)Institutional affiliationDateTime Value of Money (TVM)Time value of money is a concept that has been used in financial management over theyears. The concept of TVM is that any money that has been received at the money is veryvaluable than money that is expected to be received in the future. In most of the cases, itconsiders how the money received at the moment can be used in investing in order to earn profit.This concept is also employed when comparing alternatives for investing and solving anyaccounting problems (Abdul Khir, 2016).Time v ...
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