Question: Which statement characterizes the time value of money concept? Multiple Choice The future value of a present dollar is greater than one dollar. The present

Which statement characterizes the time value of money concept?
Multiple Choice
The future value of a present dollar is greater than one dollar.
The present value of a future dollar is greater than one dollar.
The timing of cash flows is not relevant to decision making.
Which statement characterizes the time value of money concept? Multiple Choice

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