Understanding Time Value for Money and Power of Compounding
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This topic navigates the power of compounding on investments and debts, the time value of Money, present value, future value, and real-life applications of present value and draws the difference between present value and explains succinctly the Rule of 72.
The time value of money is the concept that money today is worth more than money tomorrow; this topic navigates the power of compounding on investments and debts, time value of Money, present value, future value, real-life applications of present value and draws the difference between present value and explains succinctly the Rule of 72.
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