Solved

You Are Investing $100 Today in a Savings Account

Question 35

Multiple Choice

You are investing $100 today in a savings account. Which one of the following terms refers to the total value of this investment one year from now?


A) Future value
B) Present value
C) Principal amount
D) Discounted value
E) Invested principal

Correct Answer:

verifed

Verified

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

Related Questions