Time Value of Money | Introduction to Corporate Finance | CPA Exam BAR | CMA Exam | Chp 5 p 1

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Describe the fundamental concepts related to the time value of money.  These techniques are being used in many areas of financial reporting where the relative values of cash inflows and outflows are measured and analyzed.
Compound interest, annuity, and present value techniques can be applied to many of the items found in financial statements. In accounting, these techniques can be used to measure the relative values of cash inflows and outflows, evaluate alternative investment opportunities, and determine periodic payments necessary to meet future obligations.
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