If the rate at which you can invest is 0%, the value today of $1 to be received in the future is less than $1.

Name: If the rate at which you can invest is 0%, the value today of $1 to be received in the future is less than $1.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If the rate at which you can invest is 0%, the value today of $1 to be received in the future is exactly $1, because there is no interest to compound or discount, making the present value equal to the future value.

If the Rate at Which You Can Invest Is 0