MC 3 What is the time value of money?
A. The idea that money invested today is worth more than the same amount invested in the future
B. The idea that money invested in the future is worth more than the same amount invested today
C. The idea that money invested in a savings account will increase in value over time
D. The idea that money invested in stocks will decrease in value over time
Answer:A
MC 3 What is the time value of money?
A. The idea that money invested today is worth more than the same amount invested in the future B. The idea that money invested in the future is worth more than the same amount invested today C. The idea that money invested in a savings account will increase in value over time D. The idea that money invested in stocks will decrease in value over time