Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

10. Time Value of Money

Time Value of Money Equations

Financial Accounting

10. Time Value of Money

Time Value of Money Equations

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Multiple Choice

Future value is the ______ value of an investment at some time in the future.

accumulated

projected

discounted

calculated

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Verified step by step guidance

Understand the concept of future value: Future value refers to the value of an investment at a specific point in the future, taking into account factors such as interest rates and time.

Review the options provided: The options are 'accumulated,' 'projected,' 'discounted,' and 'calculated.' Each term has a specific meaning in financial accounting.

Clarify the meaning of 'accumulated': This term refers to the total amount of money that has grown over time, including the principal and interest earned.

Eliminate incorrect options: 'Discounted' refers to present value calculations, not future value. 'Calculated' is a general term and does not specifically describe future value. 'Projected' refers to estimates or forecasts, which may not align with the definition of future value.

Select the correct answer: Based on the definition of future value, the term 'accumulated' best fits as it represents the total value of the investment at a future date.