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Time value of money analysis has many applicationsboth personally and professionally. The calculations can be performed using Microsoft Excel, factor tables, or a financial calculator to help make informed decisions, such as planning for retirement, loan decisions, and capital projects.The concept of time value of money helps managers value cash flows and assess risk within the organizations.In this assignment, you will discuss specific situations where the time value of money is applied in personal and professional situations.Copy and paste the results of task #2 into your post underneath your response to task #1.***Template is attached.Purchase the answer to view it
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