Episode 257: The Time Value of Money
Words & Numbers
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Is There a Right and Wrong Answer?
The time value of money takes into account the fact that money in the future is worth less to you precisely because it's in the future. If you $50 a year, you said 10 years, that's not $400 either. And there's no right and wrong answer. It's like the kid with the cookie. There's an answer that's right for a particular person.
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