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The concept that interest causes the value of money received today to be greater than the value of that same amount of money received in
The concept that interest causes the value of money received today to be greater than the value of that same amount of money
received in the future is referred to as the:
Multiple Choice
monetary unit assumption.
matching principle.
time value of money.
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins
4th Edition
0073527092, 978-0073527093
