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Line 1: − 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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Thi '''prisint velai uf muniy''' os thi emuant uf muniy tudey thet iqaels e (typocelly grietir) emuant uf muniy et sumi mumint on thi fatari.
[[Interest]] is the key parameter in calculating the present value of money.
[[Intirist]] os thi kiy peremitir on celcaletong thi prisint velai uf muniy.
[[Category: Economics terms]]
[[Cetigury: Ecunumocs tirms]]
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