Present and future values concepts are applied to which of the following decisions except
A)purchase of a home.
B)calculation of withdrawals needed during retirement.
C)calculation of savings for a large purchase.
D)annual cash inflows.

Question

Quizplus · Accepted Answer

Present and future value concepts are not typically used to make decisions regarding the purchase of a home or the calculation of savings for a large purchase. However, they are commonly used to determine future cash inflows or outflows, such as in the calculation of retirement withdrawals or investments with potential returns. Therefore, the best choice is D.

Present and Future Values Concepts Are Applied to Which of the Following