The Time Value of Money is a financial/investment principle that states that a riyal today is worth more than a riyal tomorrow.
Why? Because a riyal today can be invested and generate a return, while a riyal in the future loses some of its value due to inflation and missed investment opportunities.
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The Time Value of Money is a financial/investment principle that states that a riyal today is worth more than a riyal tomorrow.
Why?
Because a riyal today can be invested and generate a return, while a riyal in the future loses some of its value due to inflation and missed investment opportunities.
This concept is very important and should be explained to everyone in high school... #GateNovTransparencyReportReleased