Question

write a note on the value of money in 100 words. plzzzz help

Answer 1

Value of money: "the time value of money (TVM) the idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity. This core of principle of finance holds that provided money can earn interest, any amount of money is worth more the sooner it is received." I hope my answer is useful for you and please mark my answer as a brainiest plzzzz

Answer 2

Money is the medium used by people to buy required goods or services. Though money can't be compared by importance of love and care, yet it is most important source to live a healthy and prosperous life. Apart from fulfilling basic needs, money is used as source of comfort in life.