PERSONAL FINANCE >LL< W CONNECT
PERSONAL FINANCE >LL< W CONNECT
11th Edition
ISBN: 9781259891557
Author: Kapoor
Publisher: MCG
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Chapter 3, Problem 12FPP
Summary Introduction

To calculate:

Future value of gift.

Introduction: Time value of money is the idea that explains the decrease in the value of money due to increase in the time period. It explains that the value of money today worth more than the same value of money in the future.

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