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Neal Freeman emphasizes, the "time value of money". This is known to be one of the basic principles of finance, for with the concept of the time value of money, today's dollar will be worth more that a dollar received in the future. (Freeman, 2000) The monetary policy affect's ones investments, for when investing one's money it is important the understand the time value, define the value, and understand the capital budgeting so that one would be able to decide whether or not the investment should be made.
When investing one's money, it is important to define the present and future value. The present value is the worth of today's dollar, and the future value is the worth of the sum projected in the future...
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