please don't use chatgpt. The time value of money concept is based on which of the following principles?A) Money received today is worth less than money received in the futureB) Money received today is worth more than money received in the futureC) Money has no change in value over timeD) Money received in the future is equivalent to money today need help!

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 4MC: You are explaining time value of money factors to your friend. Which factor would you explain as...
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please don't use chatgpt.

The time value of money concept is based on which of the following principles?
A) Money received today is worth less than money received in the future
B) Money received today is worth more than money received in the future
C) Money has no change in value over time
D) Money received in the future is equivalent to money today 

need help! 

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