The concept of time value of money is very important and essential to financial decision-making because: D) all of these.
<h3>What is money?</h3>
Money is any formally recognized economic unit that's universally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
<h3>What is
time value of
money?</h3>
Time value of money can be defined as a measure of the difference in values of money in comparison to when it is received.
In conclusion, we can infer and logically deduce that the concept of time value of money is very important and essential to financial decision-making because it emphasizes earning a return of interest on investment and it applies to future cash flows.
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Complete Question:
The concept of time value of money is important to financial decision making because?
A) it emphasizes earning a return of interest on the money you invested.
B) it recognizes that $1 today has more value than $1 received a year from now
C) it can be applied to future cash flows in order to compare different streams of income.
D) all of these.
The key characteristics of Athenian democracy were as follows:
- All citizens served in the Assembly.
- All free males over 18 born to Athenian parents were citizens.
- The Council of Athens carried on the daily business of the city.
<h3>Athenian Democracy </h3>
- The Athenians believed in direct democracy and this allowed all citizens to serve in the Assembly.
- An Athenian citizen was defined as a free born male to Athenian parents and so they could vote.
- The running of the city was left to the Council of Athens.
In conclusion, Athenian democracy was one of the first democracies there was and had slightly different practices from democracy today.
Find out more on Athenian democracy at brainly.com/question/1993231.
<span>a feeling of pensive sadness, typically with no obvious cause.</span>
Answer:
Chemists study Composition of matter and its properties