Solved

The Amount of Money That Would Have to Be Invested

Question 53

Multiple Choice

The amount of money that would have to be invested today at a given interest rate over a specified period in order to equal a future amount is called


A) future value.
B) present value interest factor.
C) present value.
D) future value interest factor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions