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1. finance for engineers Title: Time Value of Money (TVM) Subtitle: Understanding the Importance of TVM in Financial Decision-Making varshith rao 2003a51201

2. Introduction to TVM Definition: The concept that money available today is worth more than the same amount in the future due to its potential earning capacity. Importance: TVM is the foundation of finance, crucial for investment decisions, capital budgeting, and financial planning.

3. Key Concepts of TVM Present Value (PV): The current value of a future amount of money. Future Value (FV): The value of a current amount of money at a future date. Interest Rate (r): The rate at which money grows over time. Time Period (n): The duration over which the money is invested or borrowed.

4. Applications of TVM Investment Decisions: Comparing the value of different investments. Loans and Mortgages: Understanding payments and interest. Capital Budgeting: Evaluating long-term projects. Retirement Planning: Determining savings needed for retirement.