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The idea that a dollar received in the future has less value than a dollar received today because a dollar received today can earn interest over time is called

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The interest received on a dollar invested over time is called Return on Investment (ROI

Return on Investment

It should be noted that if the dollar received today is not put into good investment it might as well be the same as the dollar received in future.

Money losses value overtime hence in other for money to have values it should be invest carefully and wisely.

Learn more about investment here:

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