The Dollar Value of an Investment at Some Future Point

question 22

Multiple Choice

The dollar value of an investment at some future point in time is also known as

• A)future value.
• B)present value.
• C)compounded annuity.
• D)the time value of money.
• E)calculated value.

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Definitions:

Numbers

Numbers assign value and relativity to phenomena. As contrasted with numerals, they can be calculated.

Numerals

Numerals are labels such as street numbers that cannot be computed.

Accurate

A description of information, data, or measurements that are correct and free from errors or inaccuracies.

Test-Retest

To determine the reliability of a measure by testing and retesting it under the same conditions. If the measure is reliable, it will produce similar results each time.