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BUSN379
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Question

Why does money have a time value? Can you provide at least one real-life scenario in which you can apply the concept of time value of money?

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A real life example of time money value would be one personal that I went through this past weekend. I went to purchase a stove for my house. The value of the house was 1,600 and I was given the rebate option of 700 cash back. Or I could have finaced the stove with zero percent

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