Help Save & Exit Subma Which one of the following statements is correct (true) with respect to "time value of money concepts"? Multiple Choice knowing a future amount, and desiring to know how much that future amount is in terms of today's dollars, you would find the future value" by "discounting" the future cash flow knowing a future amount, and desiring to know how much that future amount is in terms of today's dollars, you would find the "future value" by "compounding the future cash flows knowing a future amount, and desiring to know how much that future amount is in terms of today's dollars, you would find the "present value" by "discounting" the future cash flows knowing a future amount, and desining to know how much that future amount is in terms of today's dollars, you would find the "present value" by "compounding the future cash flows On January 1 a company determines it will need a new computer system costing $60,000 three years from now. It desires to make a single deposit into its banki today, January 1, that will grow to $60,000 three years from now. The bank is paying 5% interest compounded annually on such deposits With respect to the amount which is on deposit at the bank at the end of year t, where would it be reported? Multiple Choice non-current asset current asset "other revenues and expenses stockholders' equity section of the balance sheet