If the Interest Rate Is Greater Than Zero, Then the Concept

question 52

Multiple Choice

If the interest rate is greater than zero, then the concept of present value is that a dollar today:

• A)is worth more than a dollar a year from now.
• B)is worth less than a dollar a year from now.
• C)will be worthless a year from now.
• D)is worth the same as a year from now.

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