what is a value of money
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nowadays the population is increasing so the value of everything increases day to day.the valuue of money only takes place.ecery work is done by money
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here is ur answer....
THE VALUE OF MONEY
The time value of moneydescribes the greater benefit of receiving money now rather than later. It is founded on time preference
The principle of the time value of money explains why interest is paid or earned: Interest, whether it is on a bank deposite or debt,compensates the depositor or lender for the time value of money.
It also underlies investment. investors are willing to forgo spending their money now if they expect a favorable return on their investment in the future.
Historically in Christian societies, and in many Islamic societies today, charging any interest at all would be considered usury.
hope it will help uhh
:
THE VALUE OF MONEY
The time value of moneydescribes the greater benefit of receiving money now rather than later. It is founded on time preference
The principle of the time value of money explains why interest is paid or earned: Interest, whether it is on a bank deposite or debt,compensates the depositor or lender for the time value of money.
It also underlies investment. investors are willing to forgo spending their money now if they expect a favorable return on their investment in the future.
Historically in Christian societies, and in many Islamic societies today, charging any interest at all would be considered usury.
hope it will help uhh
:
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