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

Question

Quizplus · Accepted Answer

Future value computations allow us to calculate the value of present-day assets at a future date by taking into account the interest rate and the time period involved. Annuity computations, interest computations, earnings computations, and present value computations all involve different calculations for different purposes.

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