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Determine the value of the business

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Reference no: EM132485371

Point 1: The concept of time value of money has numerous "real-world" applications. Some of the applications range from calculating the payment for a car or mortgage to estimating what interest rate is needed on an investment to send A child to college in 20 years.

Question 1: What is the concept of time value money is important in ordinary business relationships? Explain.

Question 2: How would the concept of time value to determine the value of the business?

Reference no: EM132485371

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