The time value of money states that: (a) 100 today is worth less than 100 in a

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The time value of money states that:

(a) £100 today is worth less than £100 in a year’s time 

(b) £100 today is worth more than £100 in a year’s time 

(c) £100 today is worth the same as £100 in a year’s time 

(d) time is money 

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