With regard to money deposited in a bank, future values are:
A)smaller than present values.
B)larger than present values.
C)equal to future values.
D)are completely independent of present values.

Question

Quizplus · Accepted Answer

Future values of money deposited in a bank are usually larger than present values due to the effect of interest or rates of return on the deposited amount over time. Hence, the best choice is Option B, which states that future values are larger than present values.

With Regard to Money Deposited in a Bank, Future Values