Question
Which of the following statements about the time value of money concept is true? Group of answer choices A dollar received today is worth more
Which of the following statements about the time value of money concept is true?
Group of answer choices
A dollar received today is worth more than a dollar
A dollar received today is worth less than a dollar to be received in the future because future dollars are not affected by inflation.
A dollar received today is worth more than a dollar to be received in the future because future dollars are not affected by inflation.
A dollar to be received in the future is worth more than a dollar received today because it would have less risk associated with it.
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