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What is importance of understand time value of money concept

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Students should answer one question per Chapter. Students must respond to at least 2 other student's postings. Initial posting is due by Thursday, at midnight (CST). The second posting is due by Sunday, at midnight (CST). All postings should contain appropriate grammar, correct spelling and be relevant to the discussion topic.

What is the importance to 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: EM131448980

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