Present value allows us to weigh the benefits and costs of using resources today or in the future.

Name: Present value allows us to weigh the benefits and costs of using resources today or in the future.
Brand: Quizplus
Rating: 4.8 (44 reviews)

Question

Quizplus · Accepted Answer

Present value calculations enable us to compare the value of money or resources when used at different times by accounting for the time value of money, thus helping in making informed decisions about the benefits and costs of using resources now versus in the future.

Present Value Allows Us to Weigh the Benefits and Costs