Millionaire Mode
Time Value of Money
Question 1 of 15
What is the fundamental principle behind the Time Value of Money?
- Money has the same value regardless of when it is received or paid.
- Money received or paid today is worth more than the same amount received or paid in the future.
- Money received or paid in the future is worth more than the same amount received or paid today.
- The value of money remains constant over time.
Prize Money
15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000