Why is time such an important factor in financial matters? How does the frequency of interest compounding, regardless of the rate of interest or period of accumulation, affect the future value of any given amount? Explain your answer. How might you use the principles of the time value of money to your financial benefit?
What? Finance?? - Writeacher, Tuesday, May 18, 2010 at 12:52pm
Please type your subject in the School Subject box. Any other words, including obscure abbreviations, are likely to delay responses from a teacher who knows that subject well.