The value of an investment after one or more periods of time is called the: a. s
ID: 2591305 • Letter: T
Question
The value of an investment after one or more periods of time is called the: a. simple value. b. present value. c. discounted value. d. future value. e. interest on interest value.The value of an investment after one or more periods of time is called the: a. simple value. b. present value. c. discounted value. d. future value. e. interest on interest value.
The value of an investment after one or more periods of time is called the: a. simple value. b. present value. c. discounted value. d. future value. e. interest on interest value.
Explanation / Answer
answer d future value Future value is the value of an investment at a specific date. It measures the nominal future sum of money that a given sum of money is worth at a specified time in the future assuming a certain interest rate, or more generally, rate of return; it is the present value multiplied by the accumulation function
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