| 单词 | present discounted value |
| 释义 | present discounted value The present value of a payment due to be received in the future. If the payment is due t periods into the future and the proportional interest rate is r per period, the present discounted value of a sum A to be received t periods in the future is given by V = A/(1 + r)t = A(1 + r)-t. The present dicounted value of a stream of receipts spread over time is the sum of the present discounted values of the various parts of the stream. |
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