Which One of These Statements Related to the Time Value

question 63

Multiple Choice

Which one of these statements related to the time value of money is correct? Assume a positive rate of interest.

• A)A dollar increases in value the further into the future it is received.
• B)The future value of an invested dollar is inversely related to the rate of interest.
• C)The present value of a dollar to be received in 1 year is directly related to the interest rate.
• D)A dollar received today is more valuable than a dollar received next month.
• E)A dollar invested today will increase in value in a linear manner if interest earned is reinvested.

---

Definitions:

Denny's

An American table service diner-style restaurant chain known for being open 24/7 and serving breakfast, lunch, and dinner meals.

African American Secret Service Agents

Refers to members of the U.S. Secret Service who are of African American descent, highlighting diversity within the federal law enforcement agency.

Discrimination

Discrimination involves unfair or prejudicial treatment of individuals based on characteristics such as race, age, sex, or religion.

Refusing

The act of deliberately not accepting or agreeing to something.