Question:

Statements which is the true regarding time value of money concepts is:

Updated On: Mar 17, 2024
  • Money received today is worth the same as money received in the future.
  • Money received today is worth the same as money received in the future.
  • Money received today is worth less than money received in the future.
  • Money paid today is worth the same as money paid in the future.
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The Correct Option is B

Solution and Explanation

The correct option is(B): Money received today is worth the same as money received in the future.
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