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shepherd shepherd
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8 years ago
The concept of time value of money is important to financial decision making because
A) it recognizes that $1 today has more value than $1 received a year from now.
B) it can be applied to future cash flows in order to compare different streams of income.
C) it emphasizes earning a return of interest on the money you invested.
D) all of these.
Textbook 
Personal Finance

Personal Finance


Edition: 5th
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tityltityl
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8 years ago
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shepherd Author
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#2
8 years ago
Thank you, this is brilliant Smiling Face with Open Mouth
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#3
8 years ago
Let me know if you need anymore help
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