Multiple Choice
Which of the following statements is correct?
A) $100 to be received in the future is worth more than that today since it could be invested and earn interest.
B) $100 to be received in the future is worth less than that today since it could be invested and earn interest.
C) The Rule of 72 calculates the compounded return on investments.
D) Discounting is finding the future value of an original investment.
Correct Answer:
Verified
Correct Answer:
Verified
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