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Time value of money refers to the concept of: why people prefer to consume things at some time in the future rather than today. why

Time value of money refers to the concept of:

why people prefer to consume things at some time in the future rather than today.

why a dollar received tomorrow is worth more than a dollar received today.

what the value of the stream of future cash flows is today.

what the time required to double an amount of money.

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