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AGA CGFM Exam - Topic 2 Question 47 Discussion

Posted by Jody on May 21, 2024 at 11:37 AM

The value, in current dollars, of a sum of money to be received in the future describes

A payback value.

Suggested Answer: D

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41 comments · newest first
ST
Stephaine 10 months ago
Annuity value is a different concept, not this one!
BR
Brett 11 months ago
Wait, are we sure about that? Sounds off to me.
IZ
Izetta 11 months ago
Totally agree, present value is the right term.
GL
Gladys 11 months ago
I thought it was future value at first.
XU
Xuan 11 months ago
It's definitely present value!
OD
Odette 12 months ago
I keep mixing up present value and future value; I hope I remember the definitions correctly during the exam!
SO
Sophia 12 months ago
I practiced a similar question where they asked about the time value of money, and I think present value was the right term there too.
NA
Naomi 12 months ago
I'm not entirely sure, but I remember something about future value being the opposite of present value.
RI
Rickie 1 year ago
I think the answer is B, present value, because it refers to the current worth of future cash flows.
KA
Katina 1 year ago
I'm pretty confident on this one. Present value is the correct answer - it's the current worth of a future sum of money, discounted based on the time value of money.
CA
Carolynn 1 year ago
Wait, is this asking about annuity value? I'm a little confused on the difference between present value and annuity value. I'll have to review those concepts.
KA
Kaitlyn 1 year ago
Hmm, I'm a bit unsure about this one. Is present value the same as payback value? I'll have to think this through carefully.
FL
Fletcher 1 year ago
This looks like a straightforward question on present value. I'll need to remember the formula to calculate present value from a future amount.
TI
Timmy 1 year ago
Okay, I've got this. Present value is the current worth of a future amount, taking into account the time value of money. I just need to recall the specific formula.
HE
Hector 1 year ago
I remember learning about this in class, but I'm drawing a blank on the specifics. I'll have to review my notes and try to jog my memory before answering.
LO
Louisa 1 year ago
I'm pretty sure fax, email, and pager are the three methods Server Protect can use to send alert messages.
TI
Tien 1 year ago
I'm going with the present value option. Anything to avoid the future value - that's like trying to predict the weather, except with money.
LO
Lorrine 1 year ago
↳ replying to Tien
Yeah, present value is definitely the most practical option. Let's stick with that.
LO
Lottie 1 year ago
↳ replying to Tien
I think present value is the safest bet too. Who wants to deal with uncertainty?
PH
Phillip 1 year ago
↳ replying to Tien
I agree, present value is the way to go. It's more reliable than future value.
PR
Princess 1 year ago
Present value, no doubt about it. I'm so good at this, I can calculate the present value of my future lottery winnings even before I buy the ticket!
MO
Moira 1 year ago
↳ replying to Princess
I always get confused between present value and future value.
LE
Lemuel 1 year ago
↳ replying to Princess
No, it's present value for sure.
MA
Marica 1 year ago
↳ replying to Princess
I think it's future value actually.
PO
Pok 1 year ago
↳ replying to Princess
I agree, it's definitely present value.
HE
Helaine 1 year ago
↳ replying to Princess
I think it's future value, actually.
TA
Tamra 1 year ago
↳ replying to Princess
I agree, it's definitely present value.
CL
Cletus 1 year ago
Definitely the present value. I can already hear the cash registers ringing in my head when I think about calculating the current worth of that future dough!
BE
Bernardine 1 year ago
I'm pretty sure it's the present value. I mean, who cares about the payback value or the annuity value when we're talking about the current worth of a future sum?
NE
Nell 1 year ago
↳ replying to Bernardine
The present value is key to determining the worth of a future sum in today's dollars.
DO
Domonique 1 year ago
↳ replying to Bernardine
I agree, the present value is the most important factor in this case.
BA
Bambi 1 year ago
↳ replying to Bernardine
Yeah, the present value is what matters when we're talking about future sums.
AR
Arlean 1 year ago
↳ replying to Bernardine
I think you're right, it's definitely the present value.
VI
Vincenza 2 years ago
The present value option seems like the correct answer here. It's all about calculating the current worth of a future sum of money.
BU
Bulah 1 year ago
↳ replying to Vincenza
The present value helps us make informed financial decisions.
CA
Carma 1 year ago
↳ replying to Vincenza
It's all about determining the value of money in today's terms.
OR
Oretha 1 year ago
↳ replying to Vincenza
Calculating the current worth of a future sum is important.
KA
Kallie 1 year ago
↳ replying to Vincenza
I agree, the present value is the correct answer.
JE
Jennifer 2 years ago
I think it's D) future value. That's the value of an investment at a specific date in the future.
DA
Davida 2 years ago
I agree with Leontine. Present value is important in determining the worth of future cash flows in today's terms.
LE
Leontine 2 years ago
B) present value. It's the value of money today that is equivalent to a specified sum in the future.
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