NISM 10A Investment Adviser Level 1 Notes

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  • Time Value Concept: Money today is worth more than the same amount in the future due to its potential to earn returns.
  • Present Value: Represents the current worth of future cash flows, discounted at a specific rate.
  • Future Value: Indicates the value of current money at a future date, compounded at a given rate.
  • Discount Rate: The rate used to calculate present value, reflecting the return forgone by receiving money later.
  • Compound Interest: The rate at which present money grows to its future value over time.

NISM 10A NISM Investment Adviser Level 1

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