y2esenkimbo4oks
Answered

The time value of money refers to:

Apersonal opportunity costs such as time lost on an activity.
Bfinancial decisions that require borrowing funds from a financial institution.
Cchanges in interest rates due to changes in the supply and demand for money in our economy.
Dincreases in an amount of money as a result of interest

Verified Answer :

The time value of money (TVM) is the idea that money available at the presenttime is worth more than the same amount in the future due to its potential earning capacity. This core principle of finance holds that, providedmoney can earn interest, any amount of money is worth more the sooner it is received.

Related Questions