When Saving for Future Expenditures, We Can Add the ________

question 121

Multiple Choice

When saving for future expenditures, we can add the ________ of contributions over time to see what the total will be worth at some point in time.

• A) present value
• B) future value
• C) time value to money
• D) payment

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Definitions:

Ph.D.

A PhD, or Doctor of Philosophy, is a postgraduate degree conferred by universities.

Physics

The natural science that studies matter, its motion and behavior through space and time, and the related entities of energy and force.

Structural Unemployment

The loss of jobs stemming from changes in industrial setups, usually driven by innovations in technology, instead of shifts in market demand or supply.

Bank Tellers

Employees of banks who deal directly with customers, handling transactions and other financial inquiries.