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Q: What are the answers to case 6 on Time value of money from Jim DeMello in Cases in finance?
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What finance is about?

Finance is the science of funds management. In essence, it's how money is managed. There are 3 general areas of finance: business finance, public finance, and personal finance. Finance doesn't only involve budgeting and spending money but it also involves how one deals with time, money and risk simultaneously.


What does it mean if you have to finance something?

It means you have to provide the money required for something. So you may require money for an investment or to pay for something, so you have to "finance" it.


What is finance and importance of public finance?

The important of public finance is to control the expenses of earning money and providing goods and services to the general population.


Definition of finance cost?

Cost of the money for the buisness


What is the difference between money and finance?

Money vs Finance What is the difference between money and finance? Money and finance are related, but they are not the same thing. Money is a medium of exchange, a unit of account, and a store of value. It is used to facilitate transactions between buyers and sellers, and it is typically represented in physical form, such as cash or coins, or electronically, such as through a bank account. Finance, on the other hand, is the study of how people and businesses manage their financial resources. It involves the creation, use, and management of money and other financial instruments, such as stocks, bonds, and insurance. Finance also includes the processes of borrowing, lending, and investing, as well as the design and operation of financial institutions and systems. So, while money is a specific type of financial resource, finance is the broader field of study that includes the management of all types of financial 𝗵𝘁𝘁𝗽𝘀://𝘄𝘄𝘄.𝗱𝗶𝗴𝗶𝘀𝘁𝗼𝗿𝗲𝟮𝟰.𝗰𝗼𝗺/𝗿𝗲𝗱𝗶𝗿/𝟯𝟳𝟮𝟱𝟳𝟲/𝗝𝗮𝘆𝗮𝗸𝗮𝗿𝟮𝟲/

Related questions

What finance is about?

Finance is the science of funds management. In essence, it's how money is managed. There are 3 general areas of finance: business finance, public finance, and personal finance. Finance doesn't only involve budgeting and spending money but it also involves how one deals with time, money and risk simultaneously.


How does salvation army get their finance from?

The Salvation Army get this finance from people who donate money to them


Best way to finance college?

You can apply for grants and government loans at www.fafsa.gov. In many cases they can pay for all or most of your college tuition with money to spare for housing and books.


What are the types of internal finance to a firm?

Internal finance is money which is used to help the firm but the the money comes from within the business for example: A internal finance to a firm is last year's profit.


What does a finance minister do?

he controls the cash money


Who can finance a new invention?

Somebody with money !


What does finance institution mean?

To do with money and how you handle it


Where did the money come from to finance ww1?

from usa


A person who is skilled in money matters?

Finance


What are the basic principles of finance?

The management of money.


Where do you use statistics?

money, finance,etc


What does it mean by good finance?

Good finance means When a firm or organization fall a crises of money that time who they collect finance and up their section is called good finance.