time value of money
The time value of money is a function of the interest rate paid and the amount of time the money is invested. It is the ability to invest money and earn income or interest over a period of time.
time value of money
The time value of money is a function of the interest rate paid and the amount of time the money is invested. It is the ability to invest money and earn income or interest over a period of time.
Additional Information
Therefore, the point in time when the money will be paid becomes very important. The longer the delay in making a payment, the more interest that can be earned.
