A person who defers consumption to another day is concerned with the:
A)net present value of money.
B)net future value of money.
C)future value of money.
D)present value of money.

Question

Quizplus · Accepted Answer

Deferring consumption to another day means the person is concerned with the future value of money, as they are waiting for a future date to consume the money/asset. The net present value of money (A) and present value of money (D) are relevant when making investment decisions, while the net future value of money (B) is not a commonly used financial concept.

A Person Who Defers Consumption to Another Day Is Concerned