The present value of a future amount is the value of a present lump-sum deposit after earning

Question:

The present value of a future amount is the value of a present lump-sum deposit after earning interest over a period of time.

a. True

b. False

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

Question Posted: