Question
Explain what is meant by the time value of money. Why is it important? Why is the present value of $100 that you expect to
Explain what is meant by the time value of money. Why is it important? Why is the present value of $100 that you expect to receive one year from today worth less than $100 received today?
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Principles Of External Auditing
Authors: Brenda Porter, Jon Simon, David Hatherly
1st Edition
0471962120, 978-0471962120
