If we want to know the value of present-day assets at a future date,we can use:
A)Present value computations.
B)Annuity computations.
C)Interest computations.
D)Future value computations.
E)Earnings computations.

Question

Quizplus · Accepted Answer

Future value computations can help us determine the value of present-day assets at a future date, by taking into account the expected interest earned over the time period. This calculation is useful for making investment decisions and planning for future financial goals.

If We Want to Know the Value of Present-Day Assets