Assuming positive interest rates, a present value of $1,000 A) is a

Assuming positive interest rates, a present value of $1,000

A)

is always more desirable to a future value of $1,000.
B)

is always less desirable than a future value of $1,000.
C)

is no more or no less desirable than a future value of $1,000.
D)

You can’t answer without more information.

ANSWER

A