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Chapter 3 The Time Value of Money

Chapter 3 The Time Value of Money. ? 2005, Pearson Prentice Hall. The Time Value of Money. Compounding and Discounting Single Sums. Today. Future. We know that receiving $1 today is worth more than $1 in the future. This is due to opportunity costs .

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Pv 100 fv 106 - PowerPoint PPT Presentation

Chapter 3 The Time Value of Money