Time Value of Money, or What Is the Real Financial Value of an Opportunity?

Authors :: Marc J. Kahn
Neil Baum
Source :: The Business Basics of Building and Managing a Healthcare Practice ISBN: 9783030277758
Publication Year :: 2019
Publisher :: Springer International Publishing, 2019.
Abstract: The time value of money is the most fundamental concept in business and attests that money is worth more in the present than in the future as current money can be used immediately to fund opportunities that may not be available in the future. Additionally, because money earns interest, and because interest compounds over time, the present value of money is greater than the future value. This chapter will discuss the time value of money as it applies to financing a medical education.

Subjects :: Finance
business.industry
Value (economics)
Economics
Future value
Salary
business
Net present value
Time value of money

ISBN :: 978-3-030-27775-8
ISBNs :: 9783030277758
Database :: OpenAIRE
Journal :: The Business Basics of Building and Managing a Healthcare Practice ISBN: 9783030277758
Accession number :: edsair.doi...........9d9b60ed6692b5bae0a3912968e62bd6

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