The Present Value of Money Is Based Upon the Value

question 41

Multiple Choice

The present value of money is based upon the value of your "next-best" opportunity for investment at a particular ROI. If this value is 10%, it is better to get $10,000 at the end of the first year than ________ today.

• A) $8,800
• B) $9,500
• C) $10,000
• D) All of the above
• E) None of the above

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