Money received today is worth more than the same amount of money received in the future.This is true because
A) money received today can grow at a compounded rate.
B) future inflation will devalue your current investments.
C) all goods and services will cost more in the future.
D) unique investment opportunities exist today, which may not be available in the future.

Question

Quizplus · Accepted Answer

Money received today can be invested and grow at a compounded rate, increasing its value over time. Therefore, it is worth more than the same amount of money received in the future.

Money Received Today Is Worth More Than the Same Amount