Question

What do you understand by value of money ?

Answer 1

Answer:

money is something very precious as the people who have money has everything and the people who dont have money has nothing.

Answer 2

Answer:

• Value of money (TVM) is the idea that money that is available at the present time is worth more than the same amount in the future, due to its potential earning capacity.

• Value of money (TVM) is the idea that money that is available at the present time is worth more than the same amount in the future, due to its potential earning capacity. It is the money you have in your hand at the present time, your initial investment for your future.