Which one of the following is a correct statement, all else held constant?

A$)$ The present value is inversely related to the future value.

B$)$ The future value is inversely related to the period of time.

C$)$ The period of time is directly related to the interest rate.

D$)$ The present value is directly related to the interest rate.

E$)$ The future value is directly related to the interest rate.

Calculating the present value of a future cash flow to determine its worth today is commonly called:

A$)$ present value.

B$)$ discounting.

C$)$ discounting cash flow valuation.

D$)$ evaluating investments.

E$)$ compounding.

Which one of the following is the correct formula for computing the present value of $$600$ to be received in $6$ years? The discount rate is $7$ percent.

A$)PV=$$$600(1+\mathrm{.}06{)}^7$

B$)PV=$$$600(1+\mathrm{.}07{)}^6$

C$)PV=$$$600(\mathrm{.}076)$

D$)PV=$$$\frac{600}{(1+\mathrm{.}07{)}^6}$

E$)PV=$$$\frac{600}{(1+6{)}^{\mathrm{.}07}}$