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Select the correct answer. What is the current value of a future sum of money called? А. current value B. present value С. . future value
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Select the correct answer.

What is the current value of a future sum of money called?
А.
current value
B.
present value
С. .
future value

User Ramees Thattarath
by
4.6k points

2 Answers

3 votes
Answer is B, Present Value
User Manos Kounelakis
by
5.0k points
4 votes

Answer:

b. present money

Explanation:

the concept that States an amount of money today is worth more than that sum amount in the future. future money is not worth much then the amount received today.

User Vahe Gharibyan
by
4.6k points
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