Answer:
C. The value of money increases over time.
Step-by-step explanation:
Randy saves money using an account which earns interest over the course of several years. Which statement is true?
A.
The future value of his account is equal to the present value.
B.
The present value of money in his account is greater than the future value.
C.
The value of money in his account remains constant over time.
D.
The value of money in his account increases over time.
