The current value of a payment or payments to be received in the future is called _____

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The current value of future payment(s) is called present value. This is because the value of money changes over time due to inflation and other factors. By calculating the present value, we are determining how much that future payment is worth in today's money. Future value refers to the value of an investment at a specific point in the future, after accounting for interest or other factors. Inflated value refers to the value of something after adjusting for inflation. Interest is the cost of borrowing money, and inflation is the rate at which prices for goods and services are increasing.

The Current Value of a Payment or Payments to Be