The time value of money concept can be defined as: the relationship between the supply and demand of money. None of these proposed choices the relationship between money spent versus money received. the relationship between interest rate stated and amount paid. O the relationship between a dollar to be received in the future and a dollar today. Compound interest: O provides a value that is less than simple interest. O Both allows for the reinvestment of interest payments and provides a value that is less than simple interest. allows for the reinvestment of interest payments. is the same as simple interest. O does not allow for the reinvestment of interest payments. 1 points If you have a choice to earn simple interest on $20,000 for three years at 8% or annually compounded interest at 7.5 for three years which one will pay more and by how much! She Air O Simple interest by 550.00 O Compound interest by 45.93 O Compound interest by $22.97 O Compound interest by $150.75 Compound interest by S150.00