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 are the hypotheses for testing to see if a correlation is statistically significant?
Two random variables X and Y are independent. Each has a binomial distribution with success probability 0.4 and 2 trials. (a) Find the joint probability distrib
Calculate the percent weight reduction of the plane as it moves from the sea level to 11,719.342 m.
find the tangent of the angle in between the lines 2x+3y–5=0 and 5x=7y+3?
find the volume of a cone of radius 4cm and take vertical height 6cm.(Take pie=22/7)​
In a study of weight gains by college students in their freshman year, researchers record the amounts of weight gained by randomly selected students (as in Data
what came first chicken or the egg?​
Each issue of Soccer World magazine costs $5.99 at the book store. A 6-month subscription costs $24.99. How much can a reader save by subscribing to the magazin
How could the British government have prevented the American Revolution?
how to determine the group of an element based on an electron configuration