Question
In finance terminology the “Time value of money”
signifies that:Solution
Yes, that is correct. The time value of money is the concept that a unit of money today is worth more than the same amount of money in the future, due to the potential earning capacity of money over time. This means that money has a "time value" or "time cost," which reflects the potential return that can be earned by investing or using the money today.
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Asexual reproduction takes place through budding in-Â
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