Asked by Kylor Kauahi on May 07, 2024
Verified
The present value of $1 received n years from now is found by dividing 1 by ______.
Present Value
Today's worth of a future money sum or cash flow chain, considering a predetermined rate of return.
- Understand the concept of present value and its calculation.
Verified Answer
ZK
Learning Objectives
- Understand the concept of present value and its calculation.