The ________ of R dollars to be paid in t years is the amount you have to put aside now if you want to ensure that you end up with R dollars t years from now.

Question

Quizplus · Accepted Answer

The correct term is "present discounted value," which refers to the amount of money you need to invest now in order to have a specific amount (R dollars) in the future, taking into account the time value of money and interest rates.

The ________ of R Dollars to Be Paid in T