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Question

The concept of time value of money has numerous "real-world" applications. Some of the applications range from calculating the payment for a car or mortgage to estimating what interest rate is needed on an investment to send your child to college in 20 years.

In this discussion-:  

Do you believe the concept of time value money is important in ordinary business relationships-explain..

How would you use a concept of time value to determine the value of the business?

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Solution Preview

Time value of money is the widely used concept in the field of business. It is an important aspect when it comes to the relationships in business. The two of the points mentioned below are very important for maintaining a relationship in the business. A person always look forward to these two of the points when it comes to maintaining 

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