Time value of money is a financial theory that refers to the concept of the current worth of the money which is more than the same quantity in the future because of the potential earning potential. This principal is based on the fact that the given money can earn interest and worth sooner it is achieved. Even money deposited in the bank accounts can earn interest on it. It is a complex process that students cannot handle appropriately. Writing assignment solutions in this field is a nerve raking task for them because they are often not aware about the abstract theories.
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