Question: What are the differences between simpleinterest and compound interest regards to money: What arethe differences between future value and present value? What considerations do you

What are the differences between simpleinterest and compound interest

regards to money: What arethe differences between future value and present value? What considerations do you need to take when considering "time value of money"? Why is the following statement true? "A dollar today is worth more than a dollar tomorrow."

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