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Explain why the value of monies received in the future is lower than the value of the same money today? Explain what is financial benchmarking?

Explain why the value of monies received in the future is lower than the value of the same money today?

Explain what is financial benchmarking?

Explain the goals of budgeting and steps required to build a budget.

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1 The time value of money TVM is a fundamental concept in finance that explains why the value of money received in the future is lower than the value ... blur-text-image

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