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What does time value of money refer to? A - value of money decreasing as you spend B - budgeting preparation steps C - opportunity cost of saving D - increasing amounts of money due to interest
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3 votes
What does time value of money refer to?

A - value of money decreasing as you spend

B - budgeting preparation steps

C - opportunity cost of saving

D - increasing amounts of money due to interest

User Wanny Miarelli
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1 Answer

2 votes

Time value of money deals with the increasing amounts of money due to interest.

User Kendaleiv
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