Ruth wants to calculate the present value of a sum of money


Ruth wants to calculate the present value of a sum of money that she will receive after the demise of her grandparents. To calculate the present value, she should use the:

  • compounding method.

  • discounting method. 

  • value-added method. 

  • expenditure method.

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Business Economics: Ruth wants to calculate the present value of a sum of money
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