1. A rupee earned 10 years ago can be compared with a rupee earned today by
2. Mr.A has Rs. 1 lakh of savings just kept in cash in a safe. After 5 years of high inflation, the value of that sum will be
3. The value of money has reduced between 50 years ago and now because
watch this video to understand why grandpa's breakfast costed less than yours.
Time value of money is a useful concept with several applications. Learn how to look at yesterday's money for its value today.
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