Multiple Choice Assume you are investing $100 today in a savings account. Which one of the following terms refers to the total value of this investment one year from now? O O Future value Present value Principal amount Discounted value Invested principal Saved < Prev 23 of 36 Help Save & Exit Submi Next >

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
ChapterM: Time Value Of Money Module
Section: Chapter Questions
Problem 3MC: Refer to the present value table information on the previous page. If Kathleen put 3,000 in a...
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Multiple Choice
Assume you are investing $100 today in a savings account. Which one of the following terms refers to the total value
of this investment one year from now?
о
O
O
Future value
Present value
Principal amount
Discounted value
Invested principal
5
Saved
< Prev
23 of 36
7
Next >
Help Save & Exit
8
Submit
Transcribed Image Text:Multiple Choice Assume you are investing $100 today in a savings account. Which one of the following terms refers to the total value of this investment one year from now? о O O Future value Present value Principal amount Discounted value Invested principal 5 Saved < Prev 23 of 36 7 Next > Help Save & Exit 8 Submit
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