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present value

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1. The principal which, drawing interest at a given rate, will amount to the given sum at the date on which this is to be paid; thus, interest being at 6%, the present value of $106 due one year hence is $100. Source: webster

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given interest present amount date drawing hence paid principal rate thus value year

Word family

presensation presension present moment present participle present perfect present progressive present simple present tense present times present worth present-day

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