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| Topic: |
Business
|
| Number of pages / Number of words: |
3 / 771 |
Essay's paper body
For example, in the future I may be involved in a project where I will be tasked with negotiating terms of the payment for services of a consultant. If I can defer payment on the invoice for 60 days, that period of time gives my company an opportunity to earn more interest on the assets that are in place...
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If the capital is tied up in a bond, I can allow the net 60 terms to enable the bond to come to maturity, thus avoiding additional costs in withdrawing early or the loss of interest for the 60 days.
Another way that I can use the time value of money in a professional context is through examination of the net present value in project management...
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