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Time Value - year running reports sales predictions etc...

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Time Value What is the importance of an individual of understanding the time value of money concepts? It is important to understand time values of money concepts because time value affects loans and interest, cash flows, and annuities. Essentially Time=Money. For a corporate manager? Time value would affect corporate managers when budgeting and planning for a fiscal
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Unformatted text preview: year, running reports, sales predictions, etc. Under what circumstances would the time value of money be irrelevant? Time value of money is irrelevant when cash flows are discounted. Likewise, time value of money is irrelevant when one has a financial need for today and not the future. Money is worth the most to individuals when they need it or they want it....
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