Discussion Question:

Discussion Question: Respond to each of the following questions in your initial post. 1. Why is the Time Value of Money (TVM) an essential concept for business decision making? Cite some examples of the types of decisions where TVM concepts are used. 2. Using TVM techniques, calculate the amount of savings you will need to comfortably retire. Be as specific as possible and discuss how you arrived at your conclusion. Justify your rate of return choice Parameters: 1. 1. i. You are required to post at least three posts spread over three or more days. The initial post should be the answer to the main discussion question, comprised of at least 250 words.. ii. The other secondary posts should be your interactions with your peers’ posts and be a minimum of 150 words. Do not answer with "I agree"; add substantive comments to all of your posts.