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Worldatwork CECP Exam - Topic 1 Question 19 Discussion

Which of the following best describes present value?
C) The desired value in the future and what needs to be invested today to realize that amount
A) The current value of holdings
B) The current value of holdings and how much it will grow over time at a given rate of return
D) The difference between the desired value in the future and the current value as a percentage of the desired value

Worldatwork CECP Exam - Topic 1 Question 19 Discussion

Actual exam question for Worldatwork's CECP exam
Question #: 19
Topic #: 1
[All CECP Questions]

Which of the following best describes present value?

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Suggested Answer: C

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

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Ngoc
7 months ago
I thought it was just about future value, this is confusing!
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Dudley
7 months ago
Wait, isn't present value just what you have now?
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Lashawnda
8 months ago
Definitely B, you need to know growth rates too!
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Karan
8 months ago
I think it's more about future goals, so C makes sense.
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Glendora
8 months ago
Present value is all about today's worth!
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Brunilda
8 months 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.
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Eulah
8 months 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.
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Cyril
8 months 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.
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Veronika
8 months 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.
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Edmond
9 months ago
This ANOVA table looks pretty straightforward, I think I can figure out the value of (12) without too much trouble.
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Domonique
9 months 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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