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$100 received today is worth more than $100 received 1 year from now because you would have to pay taxes on the $ 100 you

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$100 received today is worth more than $100 received 1 year from now because you would have to pay taxes on the $ 100 you received in the future. inflation would reduce the purchasing power of $100 received 1 year from now. you could deposit the $ 100 you received today into a savings account for a year and earn interest on it. there is a risk that you may not in the future

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