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Time-Value
The idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.
Forgo
The act of giving up something, often as a sacrifice, in preference for something else considered to be of greater value.
Monetary
Relating to money or currency, typically involving the management, transfer, or creation of money.
Interest Rate
The amount charged by a lender to a borrower for the use of assets expressed as a percentage of the principal, influencing investment, spending, and economic growth.
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