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Please answer each question in a sentence form in your own words - do not plagiarize What do we mean by Time Value of Money?

Please answer each question in a sentence form in your own words - do not plagiarize What do we mean by Time Value of Money? What is compound interest? How is compound interest related to Time Value of Money (TVM)? What 2 factors most affect how much people need to save to achieve their financial goals? Why might an investor require a greater expected return for an investment of longer maturity? Why is the interest rate in a Time Value of Money (TVM) calculation sometimes referred to as the discount rate? Why might you use the anticipated rate of inflation as the discount rate when calculating Present Value?

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