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Business, 10.09.2019 02:20 hillisaiah734

Define present value.
a. the present value is the value today of a sum of money to be received in the future and in general is less than the future value.
b. the present value is the value today of a sum of money to be received in the future and in general is greater than the future value.
c. the present value is the value today of a sum of money to be received in the future and in general is equal to the future value.
d. the present value is the value in the future of a sum of money to be received today and in general is less than the future value.
e. the present value is the value in the future of a sum of money to be received today and in general is greater than the future value.

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