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Marina86 [1]
3 years ago
12

The principle of time preference requries a larger payment in the future than the present. Which situation best illustrates this

concept?
A. Paying less for a boat with a smaller down payment.
B. Paying more for a house with a larger down payment.
C. Paying less for a car with a larger down payment.
Computers and Technology
1 answer:
gladu [14]3 years ago
3 0
The answer is letter C.
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