The value of money in the time

Abstract

The value of money over time is a tool that allows us to discover how the purchasing power of money changes and what are the different methods used to perform that calculation. In the face of different everyday situations, knowing and applying the value of money over time allows us to make better decisions related to finances, so that money can be used better and build a more secure, peaceful and productive future. This tool is essential in the business world and applies perfectly in personal life. For most financial decisions, whether personal or corporate, it is essential to take into account the aspects of the term. It must be considered that the unit of money today has more value than a unit of money in the future because money in time can generate more profit.