The idea that money that is available now is worth more than the same amount in the future is known as the time value of money, or TVM. This is due to the fact that money that is invested has the ability to grow, and the longer it is invested, the more value it will gain. Money acquired later is viewed as having less value since it has less time to increase through investments.
Model and forecast the growth of your money. Define projected growth rates & visualize likely scenarios →← Curating the web to find the most interesting and helpful information about your money.