Kizspy | Question: 28
(Choose 1 answer)
Which of the following statements about the time value of money is true?
A. The value of a dollar invested at a positive interest rate decreases over time.
B. The further in the future you receive a dollar, the less it is worth today.
C. A dollar in hand today is worth less than a dollar to be received in the future.
D. The higher the rate of interest, the more likely an investor will elect to consume at present and forgo invest his funds.
