Provide an appropriate response.Present value is best defined as:

A. all of these are appropriate definitions for present value
B. the amount that must be invested per year and compounded at a specified rate and time to reach a specified present value
C. the amount that must be invested now and compounded at a specified rate and time to reach a specified future value
D. the amount of a specified future value compounded at a specified rate which can be invested currently


Answer: C

Mathematics

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