What is the current value of a future sum of money called? a. current value b. present value c. future value

The current value of a future sum of money is:

Option: B

B. Present Value.

Step-by-step explanation:

Present value--

In terms of finance the present value is the value in the present of a sum of money or stream of cash flows , in contrast to some future value it will have when it has been invested at compound interest.

Future cash flows are discounted at some rate called as discount rate.

Higher the discount rate lower is the  present value of future cash flow.

d. millimeters per hour.

step-by-step explanation:

we are given that,

carlo used a rain gauge to measure the amount of water his lawn is receiving from the sprinklers.

since, according to the options, we see that,

water cannot be measured by 'miles per hour', 'meters per second' and 'grams per seconds'.

we get that, the water can be measured by 'millimeters per hour'.

hence, the appropriate rate for describing the amount of water is 'millimeters per hour'.

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step-by-step explanation: