Match each sentence to the correct concept. a)  The amount an investment is worth after one or more time periods is referred to as _______________ b)  The process of finding the present value of some future amount is called _________________.

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 3SEQ: The expected period of time that will elapse between the date of a capital investment and...
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Match each sentence to the correct concept.

    1. a)  The amount an investment is worth after one or more time periods is referred to as _______________

    2. b)  The process of finding the present value of some future amount is called _________________.

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