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shepherd shepherd
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Posts: 2986
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8 years ago
Money received today is worth more than the same amount of money received in the future. This is true because
A) future inflation will devalue your current investments.
B) all goods and services are likely to cost more in the future.
C) money received today can grow at a compounded rate.
D) unique investment opportunities exist today, which may not be available in the future.
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
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tityltityl
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#1
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8 years ago
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shepherd Author
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#2
8 years ago
Exactly what I wanted!
wrote...
#3
8 years ago
Cool! Remember to mark it solved when you get a chance
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