Answered

Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Hunter is going to receive $3,000 in one year and he wants to know its equivalent value today. The process of determining the answer is called:_______

a. discounting
b. compounding
c. pricing
d. rating

Sagot :

Zviko

Answer:

a. discounting

Explanation:

We arrive at the Present Value from Future Value through the discounting process using the the appropriate discount rate. Likewise we arrive to the Future Value by compounding the Present Value using the appropriate discount rate.

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.