Future value is best defined as:
A) An amount of money received each period for a stated number of periods.
B) The amount an investment is worth in today's dollars.
C) The dollar amount invested today at a stated rate of interest for some period of time.
D) The amount an investment is worth at the end of some stated period of time.
E) The cash value of an investment in today's dollars based on a stated rate of interest.

Question

Quizplus · Accepted Answer

Future value is the value of an investment at the end of a specific period, taking into account a specified rate of interest or growth rate. It represents how much an investment made today will grow to at a future date, under the assumption of a certain rate of return.

Future Value Is Best Defined As