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Flashcards - CSET Business - Principles of Finance

Flashcards - CSET Business - Principles of Finance
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time value of money
The time value of money describes the greater benefit of receiving money now rather than later
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present value
In economics, present value, also known as present discounted value, is the value of an expected income stream determined as of the date of valuation
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4 cards in set
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present value
In economics, present value, also known as present discounted value, is the value of an expected income stream determined as of the date of valuation
time value of money
The time value of money describes the greater benefit of receiving money now rather than later
annuity
An annuity is a series of equal payments at regular intervals
future value
Future value is the value of an asset at a specific date

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