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Present value is best defined as:

rolpace88

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Present value is best defined as:

Present value is best defined as:
A) the amount of a specified future value compounded at a specified rate which can be invested currently
B) all of these are appropriate definitions for present value
C) the amount that must be invested per year and compounded at a specified rate and time to reach a specified present value
D) the amount that must be invested now and compounded at a specified rate and time to reach a specified future value

Textbook

Business Math

Edition: 10^th

Authors: Cleaves, Hobbs, Noble

Read 272 times

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Million

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rolpace88 Author

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8 years ago

Got my quiz back, you were right Slight Smile

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Million

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8 years ago

You're welcome

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