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Course Conclusion Please respond to the following: · Explain the concept of time value of money and how this can be applied in your life. · Explain capital budgeting and why the internal rate of...

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Course Conclusion

Please respond to the following:

· Explain the concept of time value of money and how this can be applied in your life.

· Explain capital budgeting and why the internal rate of return is important to an organization.

Answered Same Day Dec 20, 2021

Solution

David answered on Dec 20 2021
117 Votes
Question:
Explain the concept of time value of money and how this can be applied in your life
Solution:
Time value of money is nothing the amount received in future is different from the amount received at present
Time value of money is all ways in real life
Like if you invest amount in bank than time value of money is useful
If a company need to invest in any project than the company use these time value of money
So time value of money can apply in invested project
Time...
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