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23 March, 04:53

Which statement is true. A the value of money increases over time or the value of money remains constant over time or the present value of money is greater than the future

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  1. 23 March, 05:04
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    The relevant word here is "inflation": the decrease of the value of money over time. This is because the prices are going up and up, so what costs 20 dollars today might cost 30 in the future.

    The correct answer from the options is:

    the present value of money is greater than the future.

    So if you don't invest your money, it actually looses its value.
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