Ask Question
4 February, 12:34

The present value of a single sum is: Select one: A. The amount that would be paid today to receive a single amount at a specified date in the future B. The amount that would be paid today to receive a single amount at an unspecified date in the future C. The amount that would be paid at a specified date in the future to receive a single amount today D. The amount that would be paid at an unspecified date in the future to receive a single amount today E. None of the above

+2
Answers (1)
  1. 4 February, 12:51
    0
    The correct answer is letter "A": The amount that would be paid today to receive a single amount at a specified date in the future.

    Explanation:

    The present value (PV) of a single sum tells us how much a future sum of money is worth today given a specified rate of return. This is an important financial concept based on the principle that money received in a specific time in the future is not worth as much as an equal sum received today.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The present value of a single sum is: Select one: A. The amount that would be paid today to receive a single amount at a specified date in ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers