Which statement is true?. . A. The value of money that you save increases over time.. B. The value of money remains constant ove

Question

Karo-lina-s [1.5K]

3 years ago

14

Which statement is true?. . A. The value of money that you save increases over time.. B. The value of money remains constant ove

r time.. C. The present value of money is greater than its future value

Business

2 answers:

Svetradugi [14.3K] · Answer 1 · 2022-01-12T10:53:56+03:00

Svetradugi [14.3K]3 years ago

7 0

the correct answer would be c, the presnt value of money is greater thrn its future value

Marina86 [1] · Answer 2 · 2022-01-12T09:36:59+03:00

The statement that is true among the choices given is option C. The presentvalue of money is greater than its future value. This statement is a fact and is always true. The present worth of a money is greater than its future value due to inflation. This is the principle called the time value of money.