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Present value starts with the future and tries to calculate its worth in the present. (Points : 1) True or False
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Updated 222 days ago|7/11/2016 11:29:42 PM
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Present value starts with the future and tries to calculate its worth in the present. TRUE.
Added 222 days ago|7/11/2016 11:29:42 PM
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does compounding educe the principal?
Weegy: Compound interest enables lenders to increase an individual's balance each day. Using this interest method, the company adds interest to the principal and the previous days' interest. [ Most lenders levy interest on debt balances daily, growing the balance exponentially over time. Read more: How Does Compound Interest Work to Relieve Debt? | eHow.com ] (More)
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Asked 7/5/2012 10:18:19 AM
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