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Discuss the concept involved with moving money forward

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The time value of money is an important area within finance, let's discuss the concept involved with moving money forward (compounding) or moving the value of money back time discounting). Why is important to understand both approaches. Provide an example of each approach.

Reference no: EM131819071

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Discuss the concept involved with moving money forward : The time value of money is an important area within finance, let's discuss the concept involved with moving money forward
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