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  • Diaros, Lyka Jane T. BSAcc-3C Financial Management Module 5 Application

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    Lyka Diaros
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    This 3 sentence document discusses the time value of money, stating that a dollar today is worth more than a dollar received next year. This is because having money now allows it to be invested and earn interest, increasing in value over time so one earns more than just a single dollar in the future. Investing money now means it has time to grow through interest and appreciation, making it more valuable than waiting to receive the same dollar amount at a later date.

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    Financial Management

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    This 3 sentence document discusses the time value of money, stating that a dollar today is worth more than a dollar received next year. This is because having money now allows it to be invested and earn interest, increasing in value over time so one earns more than just a single dollar in the future. Investing money now means it has time to grow through interest and appreciation, making it more valuable than waiting to receive the same dollar amount at a later date.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    17 views3 pages

    Diaros, Lyka Jane T. BSAcc-3C Financial Management Module 5 Application

    Uploaded by

    Lyka Diaros
    This 3 sentence document discusses the time value of money, stating that a dollar today is worth more than a dollar received next year. This is because having money now allows it to be invested and earn interest, increasing in value over time so one earns more than just a single dollar in the future. Investing money now means it has time to grow through interest and appreciation, making it more valuable than waiting to receive the same dollar amount at a later date.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Diaros, Lyka Jane T.

    BSAcc-3C
    Finance Management Module 5 – Application
    1. Essay.

    A dollar in hand today is worth more than a dollar to be received next year.

    It is because when you have the money at this present time, you can invest it in

    any form of investments, earn interest, and the money will increase in value and

    you will earn more than a dollar in the future.

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