Business Finance Homework Help

I’m working on a business discussion question and need support to help me learn.

The Time Value of Money is a fundamental concept used in financial analysis. Explain why it is important for financial managers to understand and utilize the principles involved.

Provide an example that could be used to illustrate the concept to people who have not encountered the idea before.

Explain whether you consider it important for people generally to understand the concept as Saudi Arabia continues to move toward Saudi Vision 2030.