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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
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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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User Matty F
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5 votes

Answer:

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.

Explanation:

User Roeland
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