Multiple Choice
Why is one dollar now worth more than one dollar in the future?
A) The amount to be received in the future is smaller than the amount to be paid off today
B) The value of interest declines over time
C) Funds can be invested in earning assets to yield a positive return
D) The time value of money depreciates over long periods of time
Correct Answer:
Verified
Correct Answer:
Verified
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