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Intuitively Explain the Concept of the Present Value

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Intuitively explain the concept of the present value.


Definitions:

Digital Marketing

The promotion of products or brands via one or more forms of electronic media, such as social media, email, and web advertising.

Traditional Marketing

A method of promoting products and services through direct advertising using tools like print ads, television, radio, and direct mail.

Marketer

An individual or company that promotes or sells products or services to consumers or other businesses.

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