Present Value Is

question 82

Multiple Choice

Present value is

• A) the value now of a future amount.
• B) the amount that must be invested now to produce a known future value.
• C) always smaller than the future value.
• D) all of these answer choices are correct.

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Definitions:

Percent

A unit of measure used to express a ratio as a fraction of 100.

Real Estate Salesperson

A licensed individual who is authorized to conduct real estate transactions on behalf of sellers or buyers.

Dollar Volume

The total value of a particular financial transaction or set of transactions measured in dollars.

Piece Rate

A payment method based on the amount of work completed or units produced, rather than on the amount of time spent on the work.