Question

In finance terminology the “Time value of money” signifies that:

A A unit of money obtained today is worth more than a unit of money obtained in future
B A unit of money obtained today is worth less than a unit of money obtained in future
C There is no difference in the value of money obtained in future
D The taxes are bound to increase as a result of inflation
E A unit of money obtained today is same as a unit of money obtained in future
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