A method by which one can compare cash flows across time?either as what a future cash flow is worth today (present value) or what an investment made today will be worth in the future (future value)?is called

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The time value of money is the widely accepted idea that there is greater benefit to receiving a sum of money now rather than an identical sum later.


A method by which one can compare cash flows across time?either as what a future cash flow is worth today (present value) or what an investment made today will be worth in the future (future value)?is called