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yanalaym [24]
3 years ago
8

The name for computations that allow you to determine how much money to deposit now to earn a desired amount in the future is

Business
1 answer:
nydimaria [60]3 years ago
5 0

Answer:

Future value

Explanation:

The name for computation that allows you to determine how much money to deposit now to earn a desired amount in the future is "Future value." Future value is the equivalent of an asset at a particular date. It estimates specific nominal future sum of cash that an invested sum of money is "worth" at a stipulated period in the future considering a specific interest rate, or more commonly, rate of interest; it is the immediate price multiplied by the aggregation function.

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