Which of the following describes the time value of money?
A) The time value of money has no effect on the timing of capital investments.
B) Money loses its purchasing power over time through inflation.
C) The fact that invested cash may not earn interest over time is called the time value of money.
D) A dollar received today is worth more than a dollar to be received in the future.
D
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A broker cannot:
a. remain silent when a material fact is only known to him b. keep a trust account for earnest money deposits c. keep $200 of his own money in his trust account d. give funds to the buyer or seller, if disclosed to both.
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When trying to persuade someone it is important to prepare responses for potential objections in advance
Indicate whether the statement is true or false
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