Explain the use of time value of money in business

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Reference no: EM13746591

How do you explain the use of time value of money (TVM) in business?

What considerations are made when calculating TVM? How may you use TVM to create your own, or someone else's, retirement plan?

How do you define strategic planning? What are some differences between strategic and financial planning?

What financial problems might an organization encounter when implementing a strategic plan?

Reference no: EM13746591

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