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Answer: Explain The Phrase A Dollar Today Is Worth More Than A Dollar Tomorrow.What Are The

Answer: Explain The Phrase A Dollar Today Is Worth More Than A Dollar Tomorrow.What Are The

Answer: Explain The Phrase A Dollar Today Is Worth More Than A Dollar Tomorrow.What Are The

Answer:

 

Explain the phrase “a dollar today is worth more than a dollar tomorrow.”

What are the two factors to be considered in the time value of money?