R

Ram Sharma • 193.86K Points
Coach 

Q. The reason that finding the present value of a future sum of money requires us to discount it, is that:

(A) Inflation will reduce its purchasing power
(B) We can’t be certain of receiving it
(C) We don’t know when we shall receive it
(D) Waiting deprives us of its use

Correct Answer - Option(D)

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