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Present value of money (view source)

Revision as of 20:18, October 30, 2007

116 bytes added ,  20:18, October 30, 2007
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The '''present value of money''' is the amount of money equal to another amount of money in the future.
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The '''present value of money''' is the amount of money today that equals a (typically greater) amount of money at some moment in the future.
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[[Interest]] is the key parameter in calculating the present value of money.
    
[[Category: Economics terms]]
 
[[Category: Economics terms]]
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