Answer:
False
Explanation:
The present value of money concepts show that money changes in value with time(tume value of money). Therefore the present value of money today is the discounted value of future cash flows or "series" of cash flows. This shows that money decreases value with time and the present value of money today is not "equivalent" or greater than money in the future as a result of inflation or some annual rate of return not utilized.
Answer:
Manolo: Hello ... Irene, isn't it?
Irene: Yes. I'm Irene, okay?
MAnolo: Alright. I'm Manolo.
Irene: I hope I wasn't late.
Manolo: What time is it?
Irene: 2 pm.
Manolo: You arrived just in time.
Irene: What course do you take?
Manolo: I study history and philosophy and you?
Irene: English literature.
Manolo: Can we start the research?
Irene: Yes, we can. I believe that we can find suitable books in the third hall. Should we go?
Manolo: Sure.
Explanation:
The dialogue was made with basic questions between two people who were meeting and needed to do academic work together. As they were in a library, I believe that the execution of some academic research between the two is the most appropriate subject to establish this dialogue.