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trancy trancy
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Posts: 306
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6 days ago

Question 1.

The value you give today to money you will receive in the future is called the future payment's



future value.



historical value.



present value.



time-sensitive value.



Question 2.

Roderick received a $100 savings bond for his graduation. The bond pays $100 at maturity, which is in five years. If the interest rate is 6%, the bond has a present value of $90.09.



▸ true

▸ false
Textbook 

InMicro


Edition: 1st
Authors:
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Answer verified by a subject expert
purplepanda1516purplepanda1516
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Posts: 338
6 days ago
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Answer 1

present value.



Answer 2

false
1

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