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Different financial applications of the time value of money: Equipment purchase or new product decision, Present value of a contract providing future payments, Future value of an investment, Regular payment necessary to provide a future sum, Regular payment necessary to amortize a loan, Determination of return on an investment, Determination of 94%(65).
(a) list various financial applications of the time value of money. (b) Explain the components of a discount/ interest rate Time Value of Money or TVM is a concept that is used in all aspects of.Five different financial applications of the time value of money