233k views
0 votes
The concept of​ ________ is based on the commonminus−sense notion that a dollar paid to you in the future is less valuable to you than a dollar today.

a. future value
b. deflation
c. present value
d. interest

1 Answer

7 votes
c.present value
The concept of present value is based on the commonminus-sense notion that a dollar paid to you in the future is less valuable to you than a dollar today.
User Ryan Nghiem
by
5.3k points