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The concept of Time Value of Money is summarized as: The value of money received today is usually equal to the identical amount in the

The concept of Time Value of Money is summarized as:

The value of money received today is usually equal to the identical amount in the future.

The value of money received in the future usually has a greater benefit than the identical amount received today.

The value of money received today usually has a greater benefit than the identical amount received in the future.

None of the above

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