The Time Value of Money (TVM) concept is a foundation of finance. The concept of time value of money suggests that the money received at different points of time has different value than that of today. Simply stated, $1 one year from now is less than a $1 in hand today. With an understanding of TVM’s influence on cash flows, you will realize how a financial manager creates shareholder wealth (profits) by properly applying TVMs impact on capital budgeting financing. Please note two important items, capital is a typical reference to cash and the specific mention of the ability to learn to use a financial calculator. The proper use of a financial calculator is a valuable and transferable skill that can apply to personal budgeting
Please write a 1-page paper(COMPLETE 1-page summary), double spaced that summarizes the following information above, and what you think of it.
Document Requirements:
Use standard 12-point font size
MS Word Document
1 page paper(Again, Nothing less!)
1-2 sources in APA citation(I willn’t need anymore then 3 sources for sure)
Thorough Response is a must!!
And NO plagiarism!!
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