The financial concept of time value of money is dependent upon the opportunity to earn interest over time.

Name: The financial concept of time value of money is dependent upon the opportunity to earn interest over time.
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Question

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The time value of money concept is based on the idea that money available now is worth more than the same amount in the future due to its potential earning capacity, which includes the opportunity to earn interest over time.

The Financial Concept of Time Value of Money Is Dependent