question 17 (1 point)\nthe concept of ________ is based on the common - sense notion that a dollar paid to…

question 17 (1 point)\nthe concept of ________ is based on the common - sense notion that a dollar paid to you in the future is less valuable to you than a dollar today.\ndeflation\nfuture value\ninterest\npresent value
Answer
Brief Explanations:
The present - value concept is based on the idea that money has a time - value. A dollar today can be invested to earn a return, so a dollar received in the future is worth less than a dollar today. Deflation is a general decrease in prices. Future value is the value of an asset at a future date. Interest is the cost of borrowing or the return on lending.
Answer:
D. Present value