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Alexandra [31]
1 year ago
7

A dollar today is worth ______ a dollar in the future because it can be reinvested. Multiple choice question. the same as more t

han less than
Business
2 answers:
timofeeve [1]1 year ago
5 0

A dollar in the present day is worth less than that of the dollar in the future, because of returns generated over reinvestment.

<h3>What is reinvestment?</h3>

A process of investing something, which is invested more than once after generating returns over it, is known as a reinvestment. A currency is the most widely reinvested class of asset, and generally its value appreciates.

Hence, the significance of reinvestment is given above.

Learn more about reinvestment here:

brainly.com/question/17206010

#SPJ1

Serggg [28]1 year ago
5 0

Answer:

A dollar tomorrow is worth less than a dollar today, because if you invest the dollar you have today, you'll have more than a dollar tomorrow.

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