The Time Value of Money

A fundamental financial principle regarding the time value of money is that one Euro received a year from now is worth less than one Euro received today. Therefore, in relation to any financial analysis, comparisons between monetary values should be made using capitalization and discounting techniqu...

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Bibliographic Details
Main Authors: Elena Valentina ȚILICĂ, Radu CIOBANU
Format: Article
Language:English
Published: The Body of Expert and Licensed Accountants of Romania 2020-07-01
Series:CECCAR Business Review
Subjects:
Online Access: https://www.ceccarbusinessreview.ro/the-time-value-of-money-a44d/download-PDF/