The amount accumulated in the future,including principal and interest is the
A)future value.
B)annuity value.
C)present value.
D)rate of return.
E)accumulated full value.

Question

Quizplus · Accepted Answer

Future value refers to the total amount accumulated in the future, including both the principal amount invested and the interest earned on it. The other options are not relevant to this concept.

The Amount Accumulated in the Future,including Principal and Interest Is