AGA Exam CGFM 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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Tien

1 months 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

2 days ago

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

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Lottie

4 days ago

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

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Phillip

16 days ago

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

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Princess

2 months 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

12 days ago

I always get confused between present value and future value.

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Lemuel

14 days ago

No, it's present value for sure.

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Marica

24 days ago

I think it's future value actually.

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Pok

25 days ago

I agree, it's definitely present value.

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Helaine

1 months ago

I think it's future value, actually.

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Tamra

1 months ago

I agree, it's definitely present value.

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Cletus

2 months 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

2 months 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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