What are the differences between simple interest and compound interest 2. With regards to money: What are the differences between future value and present value? 3. What considerations do you need to take when considering “time value of money”? 4. Why is the following statement true? “A dollar today is worth more than a dollar tomorrow.” Time value of money has many applications in the business world as well as in our own financial decisions. Read a recent article (online, newspaper, magazine) that gives advice to individuals about interest rates as they relate to one of these topics: retirement planning; bank accounts; home mortgages; or automobile loans. Provide a brief summary of the advice given (250 words or less).