单词 | present value tables |
释义 | present value tablespresent value tablestables which are used in INVESTMENT APPRAISAL undertaken by means of DISCOUNTED CASH FLOW. The tables show how much we need to invest now, at a certain rate of interest and for a particular period of time, to produce £1. For example, the tables show that if we want to produce £1 in 5 years' time at 10%, we will need to invest £0.621 now. Alternatively, the tables show that £1 receivable in 5 years' time, taking into account a rate of interest 10%, will be worth only 62p (that is, £0.621). |
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