The time value of money is an important concept to keep in mind because your money, once invested, can grow over time. Even if you were to just put it into a CD or savings account, the money can ...

If you were offered $100 today or $100 a year from now, which would you choose? Would you rather have $100,000 today or $1,000 a month for the rest of your life? Net present value (NPV) provides a ...