About The Word Present value

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Present value

Present value Meaning & Definition
Present value Definition And Meaning

What's The Definition Of Present value?

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Present value In Webster's Dictionary

\Pres"ent value\ or worth \worth\ (of money payable at a future date). The principal which, drawing interest at a given rate, will amount to the given sum at the date on which this is to be paid; thus, interest being at 6%, the present value of $106 due one year hence is $100.

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