Flashcard sets with a 'time value of money' term meaning 'the fact that a given dollar amount today is equivalent to a larger dollar amount in the future, because the money can be invested in an interest-bearing account in the meantime.'

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1-1 of 1Flashcard sets with a 'time value of money' term meaning 'the fact that a given dollar amount today is equivalent to a larger dollar amount in the future, because the money can be invested in an interest-bearing account in the meantime.'
# Title Terms Date
1Economics Chapter 1by jfong18 termsOctober 27, 2009
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