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 statements are true.

Question

Quizplus · Accepted Answer

All of these factors are necessary to accurately compare the value of present benefits with future costs. The interest rate is important in determining the opportunity cost of the funds, while inflation affects the purchasing power of money over time. The uncertainty associated with future benefits and costs must also be taken into account to make a realistic assessment.

In Order to Compare Benefits Today with Future Costs,we Need