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Title: Which of the following describes the time value of money?
Post by: Deprecated on Sep 21, 2016
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) A dollar received today is worth more than a dollar to be received in the future.
C) The fact that invested cash may not earn interest over time is called the time value of money.
D) Money loses its purchasing power over time through inflation.


Title: Re: Which of the following describes the time value of money?
Post by: .unplugged. on Sep 21, 2016
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Title: Re: Which of the following describes the time value of money?
Post by: Deprecated on Oct 12, 2016
Thanks!