Time Value of Money Quiz

The concept that interest is not related to the use of money over time

The concept that there is no benefit to receiving a sum of money now compared to an identical sum later

The concept that there is no benefit to saving or investing money

The concept that there is greater benefit to receiving a sum of money now rather than an identical sum later (correct)

To compensate for the loss of use of money over time (correct)

To increase inflation rates

To discourage saving or investing money

To provide benefits to the bank only

Spending their money now (correct)

Considering inflation rates only

Avoiding any form of investment

Earning interest on their investment

<p>It recognizes the time value of money</p> Signup and view all the answers

<p>The loss of their use of their money over time</p> Signup and view all the answers