What is the definition of present value? A. the future value of a current sum of money B. the current value of a future sum of money C. the interest paid on a future sum of money D. the interest paid on a current sum of money Answer: B. The current value of a future sum of money Present value means the current value of a future sum of money or stream of cash flowing . Additional definition: The process of finding present values is called discounting and the interest rate used to calculate present value is called the discount rate .
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