Answer to Question #324301 in Economics for Bea

Question

The process for the calculation of future values is known as _____________ while the process for the calculation of present values is known as ____________ .

Select one:

a.

discounting; compounding

b.

compounding; depreciating

c.

compounding; discounting

d.

discounting; depreciating

Answer 1

c.

compounding; discounting