Future value measures the present-day value of returns or costs expected to arrive in the future.

Name: Future value measures the present-day value of returns or costs expected to arrive in the future.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Future value measures the value of an investment or cash at a specific future date, not the present-day value. Present value is the term used for the present-day value of future returns or costs.

Future Value Measures the Present-Day Value of Returns or Costs