10:35 5G EVERFI Marketplaces: Investing Basics \( { }^{\text {m }} \) Quiz Question 2 of 5 Getting \$100 today is worth more than getting \$100 a year from now because... Select a response. time does not impact value. you don't know what can happen tomorrow. you can invest it now and it will start to grow. you don't have to wait to spend the money. Submit Continue \( \leftarrow \) Back Finish platform.everfi.net
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Getting $100 today is worth more than getting $100 a year from now because you can invest it now and it will start to grow. The concept of time value of money tells us that money available now can be invested and earn returns, leading to a greater value in the future. So, that Benjamin has the potential to become a Benjamin and a half! Additionally, by investing that $100 today, you open the door to compound interest, where not only your initial amount grows but so does the interest earned on your past interest. It’s like planting a money tree—water it with wise investments, and watch it flourish over time!
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