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Income that has been recognized after economic changes have been deducted. For example,,after a
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COMPOUNDING PERIOD

The length of time from one interest payment to the next.

PRESENT VALUE (PV)

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Multipliers given in present value tables to help in computing the present value of one dollar,
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PRESENT VALUE OF FUTURE AMOUNTS

Sum of money that must be invested today, at a given rate of interest to grow to the desired amount on
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PRESENT VALUE METHOD

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The discount amount of a dividend payment over the term of the stock or bond.

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