The present value and future value of money allows a business to quantify and mi

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The present value and future value of money allows a business to quantify and minimize its opportunity costs in the use of money. Opportunity cost is the benefit forfeited by using the money in a particular way. A 750-word essay. A minimum of three sources, at least two from the lesson, must be cited intext and in the Reference list. Essays should have a clear introduction, thesis statement and conclusion, written in APA format. ntroduction Begin with an introduction paragraph about the time value of money that explains what the time value of money is and why it is so important in the field of finance. Step 2: Calculate the NPV of the certification program. Based on The Time Value of Money case study from attachments included. Calculate the present value of the salary differential for completing the certification program. Subtract the cost of the program to get the NPV of undertaking the certification program. Step 3: Conclusion Summary Combine the Introduction and the calculation components you have developed and summarize what you have learned and can share about the time value of money in business. Use these writing guidelines: · Include a cover page and references in addition to your required word count. · Use correct APA format. · Double-space text. · Use size 12 Times New Roman. · Use section headings to organize. · Indent paragraphs. · Include in-text citations. · Use correct spelling, grammar, sentence structure, and verb tense.


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