Individual of understanding time value of money concepts

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What is the importance for an individual of understanding time value of money concepts? For a corporate manager? Under what circumstance would the time value of money be irrelevant?

Reference no: EM13942203

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Individual of understanding time value of money concepts : What is the importance for an individual of understanding time value of money concepts? For a corporate manager? Under what circumstance would the time value of money be irrelevant?
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