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When We Consider the Time Value of Money, a Dollar

Question 3

Multiple Choice

When we consider the time value of money, a dollar received in the future:


A) is worth less than a dollar received today.
B) is worth the same as a dollar received today.
C) is worth more than a dollar received today.
D) depends on the compounding used to determine the relationship to a dollar received today.

Correct Answer:

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