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The time value of money is irrelevant to purchases paid in full. Money's time value is related to how long it takes to pay off a mortgage or a credit card.

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Q: What circumstance would the time value of money be irrelevant?
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What is an example of commodity money?

Commodity money refers to objects that have value and can be used as money. Examples would be gold, silver, jewelry, or any metal that has value. Anything that has value to one person can be used as commodity money. If someone is in need of coffee beans and you have them but they don't, they may be willing to barter goods in exchange for coffee beans. In this case, coffee beans would be used as commodity money.


What is Frozen Equity?

Frozen Equity is value or money of the shares issued by a company that is frozen, and you would not have access to the value or funds ..


What is the alternative to using money?

The alternative to using money is to trade. Rather than using money as a measure of value people trade goods and services for other goods and services. If I offer to clean your house in exchange for you repairing the brakes on my car, that is an example of trading. With money, this transaction would still be the same, but money would represent the value passed between people. I would give you money for repairing my car and then you would give it back to me when I cleaned your house.


Terri Shein owns a van that cost 15790 four years ago and has a resale value of 5350 today The van now has about 80000 miles on the odometer The average annual depreciation for Terri's van is?

The miles on the odometer should be irrelevant. The resale value should bake that in. The average depreciation would be (15790-5350)/4, which would be 2610.


What is time valu of money?

The time value of money, in a nutshell, is how much money would be worth in the future if you invested it at a certain rate. If you have $1 now and can invest for 5% (compounded annually), you would have $1.05 at the end of the year (Future Value) Can also be how much you need now to reach a certain amount in the future. If you need $1 in a year and can invest for 5% (compounded annually), you would need about 95 cents now (Present Value)

Related questions

Under what circumstance would it be advisable to borrow money to take a cash discount?

Under what circumstances would it be advisable to borrow money to take a cash discount


What is irrelevant sentence?

Irrelevant means unnecessary. An irrelevant paragraph would be one that you do not need in your report or essay. For example, if you are doing a paper about your childhood, then a paragraph talking about your Aunt Meg's college education would be irrelevant unless it directly influenced your childhood.


Is there value to lifetime use for real property?

Yes, it is the imputed rent value. Essentially, the amount of money you would have had to pay to rent it.Yes, it is the imputed rent value. Essentially, the amount of money you would have had to pay to rent it.Yes, it is the imputed rent value. Essentially, the amount of money you would have had to pay to rent it.Yes, it is the imputed rent value. Essentially, the amount of money you would have had to pay to rent it.


Would anything have value without money?

do you value your hands, do you have to pay for them?


What would happen if it was legal for citizens to print and coin money?

Money would have very little value


How can the word irrelevant be put into a sentence?

Asking a blind man what he saw would be an irrelevant question.


Would a dinner plate trimmed in 14kt gold have any value?

it may not have value like antiques would, but the gold would get you money.


Will coins hold their value better than paper money?

I would say yes. When has paper money ever held it's value?


How does value of dollar changes?

the more of the money there is, the less of the value. the less of the money, the more of the value. for example, if the US government printed a LOT of money to fix the economy, the value of a dollar would be less because there are so much of it. hope that helps!


How would you put the word circumstance in a sentence?

in this situation


What are the factors for the value of money of a country?

To answer your question, you have to go into mico & macro economics to understand it. But Mainly the answer would be, many factors, how would you value a house? how would you value a company? how would you value a share in that company? its the same concept


What is the value of old Russian paper money?

The value would depend on the date of issue, denomination and condition.