Document Type

Professional Document

Publication Date

1986

Abstract

Most foresters and forest landowners are aware that money has a time value. A dollar today is worth more than a dollar tomorrow. If you borrow $1,000 from the bank today, you would have to pay back more than $1,000 in 90 days. The term forest economists use for this concept is the t :!me value of money: the closer to today you receive a sum of money, the greater its present value.

Comments

Bullard, S.H., T.A. Monaghan, and T.J. Straka. 1986. Introduction to forest valuation and investment analysis. Miss. Coop. Ext. Serv. Publ. 1536, Mississippi State, MS, 131 p.

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