Benchmarking

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Pre-written Papers:

Title: Benchmarking

Essay Details:

Subject: Business

Author: Phyllis C

Date: May 11, 2015

Level: University

Grade: A

Length: 5 / 1314

Essay text:

For example, assuming a 5% interest rate, $100 invested today will be worth $105 in one year ($100 multiplied by 1.05). Conversely, $100 received one year from now is only worth $95.24 today ($100 divided by 1.05), assuming a 5% interest rate. Relationship determined by the mathematics of Compound Interest between the value of a sum of money at one point in time and its value at another point in time. Time value of money can be illustrated by the fact that a dollar received today is worth more than a dollar received a year from now because today's dollar can be invested and earn interest as the year elapses...

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