Examlex
The accounting cycle begins with preparing an unadjusted trial balance.
Future Value
The value of a current asset or amount of money at a specified date in the future, adjusted for interest or inflation.
Discounted
Reduced in price or reflecting the present value of future cash flows when taking into account the time value of money.
Present Value
The value today of a future amount of money or series of payments, adjusted for a specific return rate.
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