Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - 8.4 Compound Interest - Concept and Vocabulary Check - Page 520: 9

Answer

True

Work Step by Step

Formulas for compound interest show that a dollar invested today is worth more than a dollar invested in the future.
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