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Time value of money is a important concept to understand in accounting when working with loans, investment analysis, and capital budgeting decisions. The concept can

Time value of money is a important concept to understand in accounting when working with loans, investment analysis, and capital budgeting decisions. The concept can be used to decide which projects to start and which investments to make.

Explain decisions a CPA might make using the time value of money.

Provide original and specific examples.

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