Question

A dollar today and a dollar in one year may be considered to be equivalent O True False

0 0
Add a comment Improve this question Transcribed image text
Answer #1

The correct option is :

False

This shall be considered False because due to time value of money the future and present value of an amount differ. This shall be a case only in case of a zero interest environment.

Add a comment
Know the answer?
Add Answer to:
A dollar today and a dollar in one year may be considered to be equivalent O...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT