select the correct answer. what is the current value of a future sum of money called? a. current value b…
select the correct answer. what is the current value of a future sum of money called? a. current value b. present value c. future value
Answer
Answer:
B. present value
Brief Explanations:
In finance, the present - value is the current worth of a future sum of money or stream of cash flows given a specified rate of return.