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ElliotLocke:
The concept of present value relates to the idea that The discount rate is always higher when you invest now than in the future The discount rate is always higher when you invest in the future than now The money you have now is worth less today than an identical amount you would receive in the future The money you have now is worth more today than an identical amount you would receive in the future
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BestBoiKirby:
the third one
ElliotLocke:
Thank you
BestBoiKirby:
np, heres a medal lol
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