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Which of the following is NOT a reason why a dollar today is worth more than a dollar in the future? Inflation reduces the purchasing
| Which of the following is NOT a reason why a dollar today is worth more than a dollar in the future? Inflation reduces the purchasing power of future dollars. |
| The value of a dollar in the future will be compounded more than the value of a dollar today. |
| There is more uncertainty of receiving dollars further into the future. |
| A dollar today can be productively invested in the time before receiving a dollar in the future. |
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The Budget Building Book For Nonprofits
Authors: Murray Dropkin, Jim Halpin, Bill La Touche
2nd Edition
0787996033, 978-0787996031
