Examlex
Compare convergent and divergent thinking.
Present Value
The contemporary value of a forthcoming amount of money or cash flow stream, determined by a certain rate of return.
Discount Rate
The rate at which regional Federal Reserve Banks lend to commercial banks and other financial institutions, charged for loans obtained from the Federal Reserve's lending facility.
Present Values
The current worth of a future sum of money or stream of cash flows given a specified rate of return, taking into account the time value of money.
Future Value
The worth of a short-term asset at a certain future date, estimated based on a predicted rate of increase.
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