Economy, asked by madhurilakshya6, 2 days ago

explain the concept of time of a firm​

Answers

Answered by kumarnilesh6204
0

Answer:

The time value of money (TVM) is the concept that a sum of money is worth more now than the same sum will be at a future date due to its earnings potential in the interim.

This is a core principle of finance. A sum of money in the hand has greater value than the same sum to be paid in the future.

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