Which one of the following is the 'enemy' of compound interest and makes it very difficult to reach your financial goals?

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Personal Finance: Understanding and Appreciating the Time Value of Money — practice the complete quiz, review flashcards, or try a random question.

The time value of money is the widely accepted idea that there is greater benefit to receiving a sum of money now rather than an identical sum later.


Which one of the following is the 'enemy' of compound interest and makes it very difficult to reach your financial goals?






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