American_Bankers_Association
CTFA · Question #25
The concept that dollar today is worth more than a dollar received in future. It is:
The correct answer is A. Time value of money. See the full explanation below for the reasoning.
Investment Management
Question
The concept that dollar today is worth more than a dollar received in future. It is:
Options
- ATime value of money
- BCompounding
- CTimeline
- DFuture value
How the community answered
(26 responses)- A77% (20)
- B15% (4)
- C4% (1)
- D4% (1)
Topics
#time value of money#present value#financial concepts
Community Discussion
No community discussion yet for this question.