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The Time Value of Money

  • Țilică E
  • Ciobanu R
CECCAR Business Review (2020) 1(6) 38-42
DOI: 10.37945/cbr.2020.06.05
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Abstract

Money on hand today is worth more than money received in the future because money today can be invested to earn interest to yield more money in the future. The time value of money quantifies the value of money over time. The time value of money depends upon the rate of return or interest rate that can be earned by investing the current money on hand.

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APA

Țilică, E. V., & Ciobanu, R. (2020). The Time Value of Money. CECCAR Business Review, 1(6), 38–42. https://doi.org/10.37945/cbr.2020.06.05

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