The reason that finding the present value of a future sum of money
requires us to discount it, is that:

Question

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NA

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Waiting involves risk

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We don t know when we shall receive it

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Inflation will reduce its purchasing power

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Waiting deprives us of its use

1.	The reason that finding the present value of a future sum of money requires us to discount it, is that:
A.	Waiting involves risk
B.	We don t know when we shall receive it
C.	Inflation will reduce its purchasing power
D.	Waiting deprives us of its use
Answer» E.

Discussion