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Intermediate Accounting - Chap006

Chia sẻ: Phan Tuấn Nam | Ngày: | Loại File: PPT | Số trang:57

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The time value of money means that money can be invested today to earn interest and grow to a larger dollar amount in the future. Time value of money concepts are useful in valuing several assets and liabilities. Interest is the amount of money paid or received in excess of the amount borrowed or lent.

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