the future value of an amount is always______its present value
Answers
Answered by
1
Present value is the concept that states an amount of money today is worth more than that same amount in the future. In other words, money received in the future is not worth as much as an equal amount received today. Receiving $1,000 today is worth more than $1,000 five years from now.
Answered by
3
Step-by-step explanation:
Xxxxxxxxxxxxcxxxxxxxxxxxxxxxxxx
Similar questions