Time value of money
The idea that money can be increased over time (including the idea of compound interest).
Example: Sam invests $1000 today and gets 10% interest. By next year it will grow to $1100.
| 单词 | time value of money |
| 释义 | Time value of moneyThe idea that money can be increased over time (including the idea of compound interest). Example: Sam invests $1000 today and gets 10% interest. By next year it will grow to $1100. |
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