Present Value and Future Value   Money invested in income producing assets can grow exponentially over time. The time value of money is the relationship between the present value of a dollar and its future value. This relationship is represented as an interest rate.   Related Post: Time Value of Money   Here is an…

Time is Money   The Time Value of Money The Fundamental Principle of Finance Time is money, literally. If there is a prospect of receiving a certain sum, then the sooner you receive it, the more it is worth. There is risk in waiting. A bird in the hand is worth two in the bush….