"Time Value of Money "
The time value of money is a critical concept to understand inaccounting, especially when dealing with loans, investmentanalysis, and capital budgeting decisions. The time value of moneyconcept can be used to decide which projects to start and whatinvestments to make. You can also utilize the time value of moneyconcept in your personal life.
- Provide two (2) decisions you may need to makethat could involve the time value of money. Explain the how theimportance of the time value of money will factor into yourdecision-making process.