The term to convert a future value amount into its present value is:
A) Annuitize
B) Compound
C) Discount
D) Multiply
E) Amortize

Name: The term to convert a future value amount into its present value is: A) Annuitize B) Compound C) Discount D) Multiply E) Amortize
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Question

Quizplus · Accepted Answer

The term "discount" refers to the process of determining the present value of a future amount by applying a discount rate. This process is essential in finance for comparing the value of money at different points in time.

The Term to Convert a Future Value Amount into Its