Hello and welcome, this is Tim Phillips with Revenade,
and today I want to share with you an idea called the time value of money. I
know many of you have studied financial and investment analysis and in that we've all learnt about the concept of the time value of money that a dollar
today is worth more than a dollar tomorrow and it is the basis for all
compounding and also the discounting of future cash flows and with it we can
make sound investment decisions when we have competing alternatives.
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