Ivybear1519
contestada

The time value of money refers to:
a. personal opportunity costs such as time lost on an activity.
b. financial decisions that require borrowing funds from a financial institution.
c. changes in interest rates due to changes in the supply and demand for money in our economy.
d. increases in an amount of money as a result of interest

Respuesta :

brandoncarroll16
b. financial decisions that require borrowing funds from a financial institution. 
if not sorry
lunadelobo

Answer:

D. increases in an amount of money as a result of interest

Explanation:

It's a basic principle in finance also called "present discounted value", which states that as long as money can earn interest, any amount of money accumulated is worth more the sooner it is received.

In other words, the value of a certain amount of money available today has more value than the same amount in the future because of the ability to generate more money from accumulated interest.

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