Memo

Memo

TO: CEO

FROM: CFO (ABC Company)

SUBJECT: TIME VALUE OF MONEY

DATE: APRIL 09, 2010

Dear Sir/Madam;

In alignment to investigate the future investment of ABC Company, I would like to clear the notions of time worth of money. The worth of money figuring in a allocated allowance of interest came by over a allocated allowance of time. For demonstration, 100 dollars of today's money acquired into for one year and earning 5 per century interest will be worth 105 dollars after one year. Therefore, 100 dollars paid now or 105 dollars paid accurately one year from now both have the equal worth to the recipient ...