The process of finding the future value of a present sum is called: A. Amortizing B. Budgeting C. Discounting D. Compounding
The process of finding the future value of a present sum is called: A. Amortizing B. Budgeting C. Discounting D. Compounding
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 15Q: To calculate present value of a lump sum, which table would be used?
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The process of finding the future value of a present sum is called:
A. Amortizing
B. Budgeting
C. Discounting
D. Compounding
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