answer the question below. type your response in the space provided. which term is defined as the value of a…
answer the question below. type your response in the space provided. which term is defined as the value of a current sum of money at a specified date in the future?
Answer
Brief Explanations:
In finance, the future - value concept represents the value of a current sum of money at a future date, considering factors like interest rates and compounding.
Answer:
Future - value