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Know your subject
The time value of money is one of the core concepts of finance, which is also referred to as the present discount value. Well, it is a principle which states that “money at the present value is worth more than the same amount in the future”. The rate at which inflation is happening, it is obvious to repeat.
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There are two categories on the time value of money- the present value and the future value. One thing is clear from the time value of money (TVM) concept that the net amount of money is different at different points in time. Since this is such an essential element for all the accounting and financial management students, our experts, often have an online one-on-one discussion to explain the basic concept of this chapter to the pupils in need.
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