Which of the following terms refers to the present value of the right to receive a lump sum payment of $1 at the end of a particular year,given a specified discount rate?

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The present value factor refers to the present value of the right to receive a lump sum payment of $1 at the end of a particular year, given a specified discount rate. Net present value refers to the current value of future cash flows, while future value refers to the value of an investment at a future date. Net operating income refers to a company's operating income after subtracting operating expenses.

Which of the Following Terms Refers to the Present Value