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Worldatwork CECP Exam - Topic 1 Question 19 Discussion

Posted by Vilma on May 08, 2022 at 06:59 PM

Which of the following best describes present value?

Suggested Answer: C

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11 comments · newest first
NG
Ngoc 12 months ago
I thought it was just about future value, this is confusing!
DU
Dudley 12 months ago
Wait, isn't present value just what you have now?
LA
Lashawnda 1 year ago
Definitely B, you need to know growth rates too!
KA
Karan 1 year ago
I think it's more about future goals, so C makes sense.
GL
Glendora 1 year ago
Present value is all about today's worth!
BR
Brunilda 1 year ago
I definitely recall that present value is linked to future amounts, so option C seems to fit best. But I wonder if there's more to it than just that.
EU
Eulah 1 year ago
I feel like I might be mixing up present value with future value. I thought it was about the current worth of future cash flows, but I'm not confident.
CY
Cyril 1 year ago
I remember a practice question that talked about future value and present value. I think option C sounds right because it relates to what you need to invest today to reach a future goal.
VE
Veronika 1 year ago
I think present value is about how much something is worth today, but I'm not sure if it's just the current value or if it includes growth over time.
ED
Edmond 1 year ago
This ANOVA table looks pretty straightforward, I think I can figure out the value of (12) without too much trouble.
DO
Domonique 1 year ago
This looks like a straightforward question about the components required for applying electronic software updates with Assistant. I'm pretty confident I can figure this out.
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