MCQOPTIONS
Saved Bookmarks
| 1. |
Time value of money indicates that |
| A. | A unit of money obtained today is worth more than a unit of money obtained in future |
| B. | A unit of money obtained today is worth less than a unit of money obtained in future |
| C. | There is no difference in the value of money obtained today and tomorrow |
| D. | None of the above |
| Answer» B. A unit of money obtained today is worth less than a unit of money obtained in future | |