Multiple Choice
Which one of the following statements is NOT true?
A) The value of a dollar invested at a positive interest rate grows over time.
B) The further in the future you receive a dollar, the less it is worth today.
C) A dollar in hand today is worth more than a dollar to be received in the future.
D) The further in the future you receive a dollar, the more it is worth today.
Correct Answer:
Verified
Correct Answer:
Verified
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Q7: The growth rate over time is linear.
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