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The current worth of a sum of money to be received at a future date...

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Accounting

The current worth of a sum of money to be received at a future date is called:

a. Real value

b.Future value

c.Present value

d.Salvage value

The process of selling accounts receivable or debtors of a client:

a.Trade credit

b.Credit factoring

c.Debt Factoring

d.Commercial paper

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