nomad3107 nomad3107
  • 16-01-2024
  • Business
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According to the present value of money concept with a positive interest rate, how does the value of $1 today compare to $1 in one year?
a) $1 today = $1 in one year.
b) $1 today > $1 in one year.
c) $1 today < $1 in one year.
d) $1 today ≤ $1 in one year.

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