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What does time value of money refer to? A - value of money decreasing as you spend B - budgeting preparation steps C - opportunity cost of saving D - increasing amounts of money…

What does time value of money refer to? A - value of money decreasing as you spend B - budgeting preparation steps C - opportunity cost of saving D - increasing amounts of money…
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What does time value of money refer to?

A - value of money decreasing as you spend

B - budgeting preparation steps

C - opportunity cost of saving

D - increasing amounts of money due to interest

asked
User Wanny Miarelli
by
8.4k points

1 Answer

2 votes

Time value of money deals with the increasing amounts of money due to interest.

answered
User Kendaleiv
by
8.4k points
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