A future amount is the dollar amount to which a present value will ______________ over time.
A)vanish
B)accumulate
C)disappear
D)remain

Question

Quizplus · Accepted Answer

A future amount is the expected amount that an investment or present value will accumulate over time with a certain rate of interest. It indicates the value that the present amount will grow into in the future. Therefore, choice B, accumulate, is the correct answer.

A Future Amount Is the Dollar Amount to Which a Present