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When you borrow money from someone it is because you do not have enough to pay for something yourself. The time value of money says
When you borrow money from someone it is because you do not have enough to pay for something yourself. The time value of money says that the person lending you the money Group of answer choices will accept less than you borrowed if you take a long time to pay them back." receives only interest back from you but not the principal. loses the opportunity to purchase something with that money now. receives less back when you pay them back than what they originally loaned you
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