The current worth of a claim on future resources is called
A) Net present value
B) Future value
C) Present discounted value
D) Internal rate of return

Name: The current worth of a claim on future resources is called A) Net present value B) Future value C) Present discounted value D) Internal rate of return
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Question

Quizplus · Accepted Answer

The present discounted value is the current worth of a claim on future resources, taking into account the time value of money.

The Current Worth of a Claim on Future Resources Is