Ivybear1519
Answered

The time value of money refers to:

Apersonal opportunity costs such as time lost on an activity.
Bfinancial decisions that require borrowing funds from a financial institution.
Cchanges in interest rates due to changes in the supply and demand for money in our economy.
Dincreases in an amount of money as a result of interest

Verified Answer :

brandoncarroll16

b. financial decisions that require borrowing funds from a financial institution. 
if not sorry

lunadelobo

Answer:

D. increases in an amount of money as a result of interest

Explanation:

It's a basic principle in finance also called "present discounted value", which states that as long as money can earn interest, any amount of money accumulated is worth more the sooner it is received.

In other words, the value of a certain amount of money available today has more value than the same amount in the future because of the ability to generate more money from accumulated interest.

Related Questions