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

The graph of a translated exponential function is shown below. Its parent function is y = 4x. If the graph is asymptotic to y = -3 and contains the points (2, -
How do you solve number six?
When training for a specific sport, aim for "almost" and what the competition-dependent needs.
Why do people talk about what already happened in the past, like history, and not what's GOING to happen?
What is the form of the word men's? Plural, singular, singular possessive, plural possessive
What is the reciprocal of 3/4? How can you be sure it is the reciprocal?
what exponential function has a growth factor of 1/2
Select the pronoun that best completes the sentence. Carlos chose the lizard _____ seemed the most playful. A. what B. whom C. that D. those
Psychological theories focused on learned responses to the environment are usually described as:
What is the difference between abolition and emancipation?