Which of the following statements are correct? Assume APR=5%, compounded yearly. Select all that apply.

		A dollar received today is worth less than a dollar to be received after a year, assuming zero inflation.
		A dollar received today is worth more than a dollar to be received after a year, assuming zero inflation.
		If the yearly inflation rate is also 5%, the value of the dollar will not change after a year.
		None of the above.