Future value is best defined as:

A) An amount of money received each period for a stated number of periods.
B) The amount an investment is worth in today's dollars.
C) The dollar amount invested today at a stated rate of interest for some period of time.
D) The amount an investment is worth at the end of some stated period of time.
E) The cash value of an investment in today's dollars based on a stated rate of interest.

Future Value

The predicted value of an investment or asset at a specified future date, considering factors like interest rates or returns, often used in financial planning and analysis.

Stated Rate of Interest

The annual interest rate declared on a financial instrument, not accounting for compounding or fees.

Investment

The act of allocating resources, usually money, with the expectation of generating an income or making a profit.