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Demonstrate understanding of the time value of money

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Question 1: Demonstrate your understanding of the time value of money by explaining the various ways time value of money concepts will affect your every day lives after graduation. Provide examples that demonstrate your understanding of concepts in this course. As Albert Einstein may, or may not have said, "He/she that understands it, earns it. He/she who doesn't pays it." Describe examples of actions you can take that will allow you to take advantage of the time value of money, and examples of actions of others/institutions who will use these principles to make gains at your expense.

Reference no: EM132878687

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