CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following arguments in a financial function represents present value?

[0.88 marks]

A
FV
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Nper
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Rate
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
PV
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D PV
PV represents the present value in a financial function. This is the total current amount of the series of future payments, also known as principal.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Balance of Payments
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon