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Steve
08-10-2004, 12:04 PM
Here is an interesting article and a quote from it that discusses accounts receivable.

Understand the Time Value of Money (http://www.free-financial-advice.net/time-value-of-money.html)

"The most basic law in finance! The time value of money states that a dollar today is worth more than a dollar at some time in the future. Okay, itís not that simple to understand at first glance so let me delve into this advice a little with some financial examples: "