New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The process of finding present value of a future amount

    is called:
    A Discounting Correct Answer Incorrect Answer
    B Compounding Correct Answer Incorrect Answer
    C Amortization Correct Answer Incorrect Answer
    D Depreciation Correct Answer Incorrect Answer

    Solution

    Explanation: Discounting is the method of calculating the present value of a future sum.

    Practice Next