In order to compare benefits today with future costs, we need to know:
A)the interest rate.
B)the rate of inflation.
C)the uncertainty associated with future benefits and costs.
D)All of these are true.

Question

Quizplus · Accepted Answer

All of these factors are crucial for comparing present benefits with future costs. The interest rate affects the present value of future amounts, inflation impacts the real value of future costs and benefits, and uncertainty about future events influences risk assessments and decision-making.

In Order to Compare Benefits Today with Future Costs, We