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It has been stated that ‘Time has value.’ What does this mean when we are evaluating...

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Finance

It has been stated that ‘Time has value.’ What does this meanwhen we are evaluating a series of cash flows?

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Evaluating a series of cash flows means discounting the future cash flows to present value The formula to discount the future cash flows is Present value of future cash flowCash flow in year n1required raten Here n is the number of years Time value of money    See Answer
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It has been stated that ‘Time has value.’ What does this meanwhen we are evaluating a series of cash flows?

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