Present Value
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 March 2011
Why does future amount has a lower value today i.e. Rs. 100 received a year, say in 2012, from now has a lower value today that is in 2011. And by how much?
22 March 2011
Because if you have Rs.90 today, you can invest it somewhere and earn Rs.10 by 2012.
Because if you have Rs.90 today, you can invest it somewhere and earn Rs.10 by 2012.
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