The procedure of determining the present value of payments to be received in the future is known as

a. compounding
b. amortizing
c. perpetuating
d. nominalizing
e. discounting

E

Economics

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Refer to the above figure. Which of the above graphs represents an unequal income distribution?

A) Panel A B) Panel B C) Panel C D) Panel D

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The market supply curve of capital is

a. upward sloping b. perfectly inelastic c. upward sloping at first but then bends backward d. downward sloping e. perfectly elastic

Economics