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Business
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6 / 1605 |
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The present value of the $15,000 in interest received a year from now is $13,395 as compared to only $8,505 for the $15,000 interest payment to be received five years from now. This example shows how money has time value (Garrison, 1988).
“Discounted cash flow uses the present value concepts to compute the present value of cash flows expected from a proposal...
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The present value of the $15,000 in interest received a year from now is $13,395 as compared to only $8,505 for the $15,000 interest payment to be received five years from now. This example shows how money has time value (Garrison, 1988).
“Discounted cash flow uses the present value concepts to compute the present value of cash flows expected from a proposal...
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General points of the essay
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