Assume that a friend has asked to borrow ($ 100) from you. You agree, as long as
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Assume that a friend has asked to borrow \(\$ 100\) from you. You agree, as long as your friend pays you \(6 \%\) annual interest to provide for the time value of money. Your friend wants to know what is meant by "time value of money." How would you explain this concept?
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Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
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Related Book For 
Managerial Accounting Information For Decisions
ISBN: 9780324222432
4th Edition
Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill
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