The best way to take advantage of the time value of money is to obtain a low rate of return on your investment.

Question

Quizplus · Accepted Answer

The best way to take advantage of the time value of money is to obtain a high rate of return on your investment. This is because the principle of compounding allows interest to accrue on both the original investment and any earned interest, resulting in exponential growth over time. A low rate of return means slower growth and less benefit from the time value of money.

The Best Way to Take Advantage of the Time Value