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The basic idea of time value of money is that $1 to be received in the ________ is worth ______$1 received today because of the

The basic idea of time value of money is that $1 to be received in the ________ is worth ______$1 received today because of the value of the compound interest.

a. Future more than

b.past less than

c. past the same as

d. future less than

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