Question
When thinking about the present value of an investment, the further out in the future where you will receive the cash flow improves the present
When thinking about the present value of an investment, the further out in the future where you will receive the cash flow improves the present value. For example, the present value of $100,000 is worth more if it is received in 25 years versus receiving the funds in 20 years.
Select one:
True
False
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
