The _________ value of a savings or investment is its amount or value at the current time.
A) present
B) future
C) book
D) capital

Question

Quizplus · Accepted Answer

Present value refers to the current value of a savings or investment, while future value refers to the estimated value at a future time. Book value is the value of an asset as recorded in a company's accounting books, and capital refers to the financial resources used to invest in an asset. Therefore, the best choice is A) present.

The _________ Value of a Savings or Investment Is Its