| Mo' Money, Mo' Problems | Concepts |
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What is the value of a dollar tomorrow compared to today?
More.
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Who would have more money, someone who starts investing early, or later on?
Someone who invests early.
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What is compounding?
The process of earning interest on interest.
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What is the future value of money?
How much money you will have later, in you were to invest now.
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What is discounting?
The process of obtaining the present value of money.
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