Tag Archives | Money

Functions of Money (7 Answers)

Compilation of answers on: Functions of Money! Answer 1. Functions of Money: Prof. Kinley has classified the functions of money into three groups: 1. Primary functions, 2. Secondary functions, and 3. Contingent functions. 1. Primary Functions: Primary functions include those functions of money which it performs in an economic system under all circumstances. These functions include the following: i. Medium [...]

By |2018-09-11T04:29:39+00:00September 11, 2018|Functions of Money|Comments Off on Functions of Money (7 Answers)

Time Value of Money | Financial Management

In this article we will discuss about:- 1. Calculation of Interest Rates and Discounting of Cash-Flows 2. Term Structure and Interest Rates. Calculation of Interest Rates and Discounting of Cash-flows: Time Value of Money: The value of money received today is different from the value of money received after some time in the future. An important financial principle is that [...]

By |2016-12-12T08:06:15+00:00December 12, 2016|Financial Management|Comments Off on Time Value of Money | Financial Management
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