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NemiM [27]
3 years ago
6

What best explains the time value of money? the concept is another way to explain how inflation works. it just means that it's b

est to have money today, so it can be put to work sooner to make even more money. this is just a banking term. it's insider jargon for compound interest. it means that, as time goes by, a dollar buys more today than it will tomorrow because of inflation. of course, in a deflationary economy the process is inverse?
Business
1 answer:
Mamont248 [21]3 years ago
4 0
Time value of money <span>it's best to have money today, so it can be put to work sooner to make even more money. When you have money now, you can invest and start building </span>interest on it. The quicker you have money, the quicker you start to grow your money and the sooner it can double, triple etc. 
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HELPPPPP
Rashid [163]

Answer:

Yes, that sounds about right

Explanation:

Till the age of retirement, a person's mostly expenses are finished, like growing his children, educate them, get them married, etc. He is left with only few expenses like running the house or meet his personal expenses. So the Social Security and some regular savings would be enough for him to lead a respectable life in the society. Also, his children are settled enough to fulfill his expenses at this point of his life. So there is no necessity to invest in a retirement plan that pays you 80% of your regular income. Social security and savings would be enough for the person.

4 0
2 years ago
How do quits and layoffs help improve labor market efficiency?
xxTIMURxx [149]
They help with people being able to get rid of the weakest links
7 0
3 years ago
True or false the texas legislature is classified as highly professional, the highest level of institutionalization.
Phantasy [73]
<span>Your question lacks some context. So, I am going to assume that you are talking about relates to America as a whole. If my assumption is right, I'd have to say that the answer is false because they are at the state level and the federal level outranks it. For instance, if Texas passes a law abolishing a minimum wage, the law on federal minimum wage still must be followed.</span>
4 0
3 years ago
Three employees of a hardware store damaged a tile floor while moving concrete pavers from their delivery truck to an outdoor pa
KiRa [710]

Answer:

The Business Auto Coverage Form in this case will cover for tile damages that occur due to accidents brought about during the transfer of property from a covered auto to the place where the property is finally delivered. The damages that occurred on the pavers will not be covered because of the care, custody, and/or control exclusion clause.

8 0
3 years ago
The current market demand for paper clips is 320 million and its market development index is 55. calculate the approximate marke
Rina8888 [55]

To calculate for the approximate market potential, we simply have to take the ratio of the current market demand over the market development index in fraction. That is:

market potential = 320 million / 0.55

<span>market potential = 582 million</span>

8 0
3 years ago
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