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AGA Exam CGFM Topic 2 Question 47 Discussion

Actual exam question for AGA's CGFM exam
Question #: 47
Topic #: 2
[All CGFM Questions]

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

A payback value.

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Suggested Answer: D

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

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Tien
2 months 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.
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Lorrine
1 months ago
Yeah, present value is definitely the most practical option. Let's stick with that.
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Lottie
1 months ago
I think present value is the safest bet too. Who wants to deal with uncertainty?
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Phillip
2 months ago
I agree, present value is the way to go. It's more reliable than future value.
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Princess
3 months 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!
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Moira
1 months ago
I always get confused between present value and future value.
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Lemuel
1 months ago
No, it's present value for sure.
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Marica
2 months ago
I think it's future value actually.
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Pok
2 months ago
I agree, it's definitely present value.
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Helaine
2 months ago
I think it's future value, actually.
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Tamra
2 months ago
I agree, it's definitely present value.
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Cletus
3 months 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!
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Bernardine
3 months 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?
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Nell
2 months ago
The present value is key to determining the worth of a future sum in today's dollars.
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Domonique
2 months ago
I agree, the present value is the most important factor in this case.
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Bambi
2 months ago
Yeah, the present value is what matters when we're talking about future sums.
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Arlean
2 months ago
I think you're right, it's definitely the present value.
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Vincenza
3 months 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.
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Bulah
2 months ago
The present value helps us make informed financial decisions.
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Carma
2 months ago
It's all about determining the value of money in today's terms.
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Oretha
2 months ago
Calculating the current worth of a future sum is important.
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Kallie
3 months ago
I agree, the present value is the correct answer.
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Jennifer
3 months ago
I think it's D) future value. That's the value of an investment at a specific date in the future.
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Davida
3 months ago
I agree with Leontine. Present value is important in determining the worth of future cash flows in today's terms.
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Leontine
4 months 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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