Answer:
The answer is A.
Explanation:
Present Value is a value of tomorrow's worth of money.
Present Value is when the future of money is discounted using a discount rate or rate of expected returns.
It is the amount of money that must be invested now to generate a target future amount.
Because it is discounting future value, present value is usually lower than future value.
It is not usually the sum of a series of payment. Money is paid now.
