One day, Daniel and his uncle Bod went to the store together. Uncle Bob gave Daniel a one dollar bill and told him he could buy whatever he watned with that money. Daniel picked out two chocolate candy bars which cost 50 cents each. As they were leaving, his uncle said that when he was a child he was able to buy five candy bars with one dollar. This was because back then, they only cost 20 cents each. Daniel became curious. "You see, Daniel, the price of all things usually rises as time goes by. That's why one dollar earned today is more valuable than one dollar earned one year later. This is called the "Time Value of Money". Do you understand?" "Not really," replied Daniel. "Look at the candy bars. When I was a kid, I could buy five of them with one dollar. But now, I can only buy two because the price has risen to 50 cents. In other words, the value of one dollar has dropped over the years." Daniel nodded his head. Now he was a little sure what his uncle meant.
* pick out = ~을 고르다(선발하다)/ curious = 궁금한; 특이한/ valuable = 가치가 큰; 소중한/ time value of money = 화폐의 시간가치/ reply = 대답하다/ nod = (고개를) 끄덕이다
