Multiple Choice
The Chief Financial Officer of Violet Motors Inc. recently mentioned in an interview that a dollar received today is worth more than a dollar received in the future because the sooner you receive a sum of money, the quicker you can put that money to work. The Chief Financial Officer was speaking about the _____.
A) present value of money
B) assumed value of money
C) future value of money
D) time value of money
Correct Answer:
Verified
Correct Answer:
Verified
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