AGA CGFM Exam - 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.

Bpresent value.

Cannuity value.

Dfuture value.

Show Suggested Answer

Suggested Answer: D

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

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Stephaine

7 months ago

Annuity value is a different concept, not this one!

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Brett

8 months ago

Wait, are we sure about that? Sounds off to me.

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Izetta

8 months ago

Totally agree, present value is the right term.

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Gladys

8 months ago

I thought it was future value at first.

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Xuan

8 months ago

It's definitely present value!

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Odette

9 months ago

I keep mixing up present value and future value; I hope I remember the definitions correctly during the exam!

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Sophia

9 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.

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Naomi

9 months ago

I'm not entirely sure, but I remember something about future value being the opposite of present value.

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Rickie

9 months ago

I think the answer is B, present value, because it refers to the current worth of future cash flows.

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Katina

9 months 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.

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Carolynn

9 months 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.

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Kaitlyn

9 months 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.

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Fletcher

9 months 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.

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Timmy

9 months 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.

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Hector

9 months 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.

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Louisa

10 months ago

I'm pretty sure fax, email, and pager are the three methods Server Protect can use to send alert messages.

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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.

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Lorrine

1 year ago

Yeah, present value is definitely the most practical option. Let's stick with that.

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Lottie

1 year ago

I think present value is the safest bet too. Who wants to deal with uncertainty?

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Phillip

1 year ago

I agree, present value is the way to go. It's more reliable than future value.

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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!

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Moira

1 year ago

I always get confused between present value and future value.

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Lemuel

1 year ago

No, it's present value for sure.

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Marica

1 year ago

I think it's future value actually.

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Pok

1 year ago

I agree, it's definitely present value.

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Helaine

1 year ago

I think it's future value, actually.

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Tamra

1 year ago

I agree, it's definitely present value.

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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!

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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?

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