Finance Time Value of Money We earn money to spend it and we save money to spend it in the future. However‚ for most people spending money in the present time is more desirable since the future is unknown. We can gratify the desire to spend money today rather than in the future by knowing the basic law in finance time value of money. This means that a dollar today is worth more than a dollar at some time in the future. Unfortunately‚ people very often want to buy things at the present time which
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Why college education is important to me? Do you have dreams? Well‚ I certainly do! I always had dreams of becoming a successful person in life‚ wealthy‚ working in a plush corner office‚ with all the trappings enjoyed by a senior executive! Now‚ dreams are good‚ provided we work on them‚ plan our goals accordingly‚ work towards those goals in a focused manner‚ and last but not the least‚ be passionate‚ motivated and persistent‚ in doing all it takes to achieve them. I would like to give below one
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TIME VALUE OF MONEY I. DEFINITIONS * A peso received today is worth more than a peso received in the future * In economics‚ it is the opportunity cost of passing up the earning potential of a peso today. * The idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity. * Holds that‚ provided money can earn interest‚ any amount of money is worth more the sooner it is received. II. KEY CONCEPTS
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“Why College Education is important to me.” A College Education is important because a college graduate will earn more money than high school graduates according to statistics from The Educational Attainment in the United States in 2009. Average earnings ranged from $18‚000.00 for high school dropouts to $27‚000 for high school graduates‚ $48‚000.00 for college graduates and $60‚000 for workers with an advanced degree. (1.) A College education will give you opportunities that wouldn’t
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Excellence 13 August 2013 “Why college education is important to me” Each year‚ thousands of people throughout the United States go to college. Depending on individual’s ambition or needs‚ in predicate logic‚ various high School graduates go to college for different reasons‚ including just having fun. However a college education gives you more options and a better life. Why College education is important to me‚ Primary because if I go to college I will gain skills that I will
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Time Value of Money Time Value of Money (TVM) is an economic theory that suggests the idea that money available today is more valuable now versus the future. Three reasons for TVM are inflation‚ risk and liquidity (Investopedia‚ 2008). As a result‚ borrowers charge interest to ensure that the value of their money is not eroded by inflation. Inflation is an increase in the cost of goods and services provided. Risk is the possibility that an investment may yield different results than the results
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that financial managers use is time value of money. It indicates the value of money figuring in a given amount of interest earned over a given amount of time. From the future or present value of a cash flow‚ financial managers will decide which investment projects are optimal. To understand more about time value of money‚ as well as its implications in financing and investment‚ our group will answer three questions below: Question 1: What is time value of money? How is it important? Question
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Why College Education is Important to Me Patty Murray said “A good education means learning to read‚ write and most importantly learn how to learn so that you can be whatever you want to be when you grow up.” Getting a college education will help open so many doors and give me opportunities to better myself‚ and provide me with a more successful life that I can be proud of. In today’s society it is hard to get a good job or have a stable career without first getting a college degree. A college
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EN110 Achieving Academic Excellence Why is College Education Important to Me? College education is next step after high school and the first step into the real world. That first footstep is probably one of the most important as it is what determines our future. For me an education will provide many things. It will give me the tools and knowledge to succeed‚ open doors‚ and improve and prepare me and my family for life. Nelson Mandela once said that “Education is the most powerful weapon which
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Why College Education Is Important To Me College is important since it opens door to greater possibilities and opportunities. College education helps us to advance our personality and mind. It really doesn’t help us to acquire job but give us knowledge how to invest money in sustainable business. In addition‚ with the understanding in healthcare‚ how we undergraduates can spend our incomes sensibly. For example‚ I can either work individually or in a prestigious pharmaceutical company in many roles
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