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TVM
“Time value of money refers to the fact the same money return has a higher present value if it is to be received early than it is to be received later.”
About the Above Author
Edward Anders Kolb (E A Kolb) is a pediatric hematologist-oncologist in Wilmington, Delaware and is affiliated with multiple hospitals in the area, including Jefferson Health-Thomas Jefferson University Hospitals and Nemours Children’s Hospital-Delaware.