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Discover more about the time of money concept. View examples and learn how to calculate the future value of money by using the TVM formula. Read about the time value of money , including its definition, how it works, and examples. Also, learn about concepts related to it. Learn how to calculate the present and future value of money based on its potential earning capacity and inflation. See how TVM affects financial decisions, such as investment, loan, and pricing. It is better to have the money right now than later - Time Value of Money or TVM is a concept based on this.