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23. Which sentence does NOT describe the time value of money: a. Willingness of businesses...

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Accounting

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23. Which sentence does NOT describe the time value of money: a. Willingness of businesses and people to pay interest for the use of money b The value of a dollar received today is greater than a dollar received in the future c. The interest computed on an original sum of money based on simple interest d. Money can be rented, but the change is called interest instead of rent e. A bank's offer to pay interest for the temporary use of other people's money

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