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.

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Suggested Answer: D

by Jody at May 21, 2024, 11:37 AM

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1 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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2 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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