4 ms·
This disregards the time value of money. If I'm 80 years old, $100,000 today will have more value to me right now than $1 million paid out over 30 years.
by JohnPrine 5y ago
This disregards the time value of money. If I'm 80 years old, $100,000 today will have more value to me right now than $1 million paid out over 30 years.