In present value calculations,the process of determining the present value of a single sum of money is called:
A)allocating.
B)pricing.
C)negotiating.
D)discounting.

Question

Quizplus · Accepted Answer

The process of determining the present value of a single sum of money is called discounting. This involves applying a discount rate to reduce the future value of the sum to its present value. The other options are not directly relevant to present value calculations.

In Present Value Calculations,the Process of Determining the Present Value