Frequently asked questions
What is the time value of money principle?
The time value of money means a dollar today is worth more than a dollar later.
What principle states that a dollar today is worth more than a dollar in the future?
The principle that states a dollar today is worth more than a dollar in the future is the time value of money.
Does the time value of money means that a dollar today is worth more than a dollar tomorrow?
Yes, the time value of money means a dollar today is worth more than a dollar tomorrow because of its potential to earn.