Many time we heard from our grand parent like, in their time they can purchased more things in 1 $ then today.
Money change with respect to the time. In finance view, how much money i'll get?
Means, If you deposit 100 bucks today at 10% interest rate, how much money will you get after 5 years.
If you want to buy a Mercedes Benz, then how much money you going to save then will you able to purchase a brand new Mercedes Benz.
if you deposit same amount every month/year is call ANNUITY.
Money change with respect to the time. In finance view, how much money i'll get?
Means, If you deposit 100 bucks today at 10% interest rate, how much money will you get after 5 years.
If you want to buy a Mercedes Benz, then how much money you going to save then will you able to purchase a brand new Mercedes Benz.
if you deposit same amount every month/year is call ANNUITY.
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