About where the time value of money might be relevant

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First, spend a couple of sentences summarizing the Concepts in Action video you watched this week. Then, answer the following. What do you think the speaker in the Concepts in Action video you watched this week meant when he mentioned that he talked about the time value of money with his managers? Can you think of an example in your own work history or something you've read about where the time value of money might be relevant?

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