tajmahal9060
tajmahal9060 tajmahal9060
  • 25-11-2021
  • Business
contestada

"take hundred now is more valuable than take hundred after one year" explain it​

Respuesta :

eredington
eredington eredington
  • 25-11-2021

Answer:

Today's dollar is worth more than tomorrow's because of inflation (on the side that's unfortunate for you) and compound interest (the side you can make work for you). Inflation increases prices over time, which means that each dollar you own today will buy more in the present time than it will in the future.

Answer Link

Otras preguntas

What effect did economic reform have on Slovakia?
Why were the members of the Third Estate dissatisfied with their way of life under the Old Regime?
How was Sacagawea helpful to Lewis and Clark and their expedition? a. She knew her way around. b. Natives would not attack if they saw her baby. c. She could sp
Which item can a consumer expect to find in a retail store? a. Steel to make cars in a factory b. Asphalt to pave an interstate highway c. Airplanes to move mil
What ultimately controls the cell's production of proteins? a. RNA b. DNA c. protein d. allele
okay i know this is kinda a lot but i really dont understand these can someone please help me When you multiply a number by a percent, you find the sum. True Fa
How did geography lead to historical and cultural differences between nations?
what is 0.08 as a fraction
How did geography lead to historical and cultural differences between nations?
From your working definition of "language," is the commonly referred-to concept of "sign language" really a language? Why or why not? Answer in complete sentenc