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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
Which of the following concepts represents time value of money?
A) the concept that money earns interest over time
B) the concept that money becomes obsolete over time
C) the concept that money loses its purchasing power over time
D) the concept that money can be converted into other currencies over time
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
wrote...
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Posts: 2227
7 years ago
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H3Ko Author
wrote...
7 years ago
I just realized you had posted this! Thanks so much
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