Two of the most important factors in reaching your financial goals are the return on your investments and the length of time you have until you need your money.

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Personal Finance: Understanding and Appreciating the Time Value of Money — practice the complete quiz, review flashcards, or try a random question.

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.


Two of the most important factors in reaching your financial goals are the return on your investments and the length of time you have until you need your money.






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