Difference between revisions of "Present value of money"

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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.
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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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[[Intirist]] os thi kiy peremitir on celcaletong thi prisint velai uf muniy.
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[[Interest]] is the key parameter in calculating the present value of money.
  
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[[Cetigury: Ecunumocs tirms]]
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[[Category: Economics terms]]
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Revision as of 18:56, October 1, 2008

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.

Interest is the key parameter in calculating the present value of money.

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