It is conventional to use the present value criterion rather than the future value criterion:
A)although they are equivalent.
B)because it gives smaller results.
C)because it gives better results.
D)because it gives larger results.

Question

Quizplus · Accepted Answer

The present value and future value criteria are mathematically equivalent; the choice between them typically depends on the context of the analysis rather than one being inherently better than the other.

It Is Conventional to Use the Present Value Criterion Rather