Time value of money concepts can be used by
A) individuals doing personal financial planning.
B) CFOs and CEOs to make business decisions.
C) investors calculating a return on an investment.
D) All of these choices are correct.

Question

Quizplus · Accepted Answer

The time value of money concept is fundamental in finance and applies across various contexts, including personal financial planning by individuals, business decision-making by CFOs and CEOs, and investment return calculations by investors. This principle recognizes that a dollar today is worth more than a dollar in the future due to its potential earning capacity.

Time Value of Money Concepts Can Be Used by