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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Bernardine

7 days 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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Vincenza

17 days ago

The present value option seems like the correct answer here. It's all about calculating the current worth of a future sum of money.

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Jennifer

20 days ago

I think it's D) future value. That's the value of an investment at a specific date in the future.

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Davida

22 days ago

I agree with Leontine. Present value is important in determining the worth of future cash flows in today's terms.

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Leontine

23 days ago

B) present value. It's the value of money today that is equivalent to a specified sum in the future.

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