What is meant by the Time Value of Money?
Money has time value. The idea behind time value of money is that a rupee now is worth more than rupee in the future. The relationship between value of a rupee today and value of a rupee in future is…
Tag value of money computed
How is time value of money computed?
The time value of money may be computed in the following circumstances: 1. Future value of a single cash flow 2. Future value of an annuity 3. Present value of a single cash flow 4. Present value of an annuity…