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MUST USE REFERENCES AND NO COPY AND PASTE. 400 WORDS Explain why this statement is true: A dollar today is worth more than a dollar

MUST USE REFERENCES AND NO COPY AND PASTE. 400 WORDS

Explain why this statement is true: A dollar today is worth more than a dollar received next year. Is this statement always true? If not, when would it not be true? Finally, provide an example that illustrates this idea of a dollar today being worth more than a dollar received next year?

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