What is important to know to determine what an amount of money received in the f
ID: 2784606 • Letter: W
Question
What is important to know to determine what an amount of money received in the future is worth today?How much money is to be received and in what amount ?
When the money is to be received and where
The relevant interest rate at the time if recent
Time received, amount and interest rate What is important to know to determine what an amount of money received in the future is worth today?
How much money is to be received and in what amount ?
When the money is to be received and where
The relevant interest rate at the time if recent
Time received, amount and interest rate
How much money is to be received and in what amount ?
When the money is to be received and where
The relevant interest rate at the time if recent
Time received, amount and interest rate
Explanation / Answer
To Know whether amount received in the future is worth today we have to know the below,
As per the above,
Answer = Option 4 = Time received, amount and interest rate
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