Discussion Post: Time Value of Money
Prompt: Answer and discuss the following questions regarding the concept of time value of money and how it applies to everyday financial decisions:
• Think of typical investment decision you may have faced such as purchasing home or investment. Describe how the time value of money impacted your decision process.
• Are there situations when TVM concepts should not apply?
• How are service-related investments affected?
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.