Q114
A concept which explains a received money in present time, is more valuable than money received in future is called
A.
lead value of money
B.
storage value of money
C.
time value of money
AnswerD.
cash value of money
Answer: Option C
Solution
Answer: Option C
Solution:
A concept which explains a received money in present time, is more valuable than money received in future is called time value of money. The time value of money (TVM) is the concept that money available at the present time is worth more than the identical sum in the future due to its potential earning capacity.