what is the definition of time value of money? * 1 point the amount someone is willing to pay or an item…

what is the definition of time value of money? * 1 point the amount someone is willing to pay or an item. sustained growth in earning of 15% to 20% when common stocks are averaging 6 - 8%. immovable property such as land or any building affixed to the land. corporate profits on a per share basis. the idea that a dollar today is worth more than a dollar received in the future. the cost automobiles decreases over time.
Answer
Brief Explanations:
The time - value of money is a fundamental concept in finance. It is based on the principle that money available now has more value than the same amount in the future due to its potential earning capacity. For example, you can invest a dollar today and earn a return on it over time.
Answer:
The idea that a dollar today is worth more than a dollar received in the future.