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A dollar today is worth ______ a dollar in the future because it can be reinvested. Multiple choice question. the same as more than less than

Sagot :

blueberryskies

Answer:

A dollar tomorrow is worth less than a dollar today, because if you invest the dollar you have today, you'll have more than a dollar tomorrow.

chilljain33

A dollar in the present day is worth less than that of the dollar in the future, because of returns generated over reinvestment.

What is reinvestment?

A process of investing something, which is invested more than once after generating returns over it, is known as a reinvestment. A currency is the most widely reinvested class of asset, and generally its value appreciates.

Hence, the significance of reinvestment is given above.

Learn more about reinvestment here:

https://brainly.com/question/17206010

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