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18 January, 14:27

What is the definition of present value?

A

the current value of a future sum of money

B

the interest paid on a future sum of money

c

the interest paid on a current sum of money

D.

the future value of a current sum of money

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Answers (1)
  1. 18 January, 17:06
    0
    the value in the present of a sum of money, in contrast to some future value it will have when it has been invested at compound interest.
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