Which type of cash flow is discounted in NPV calculations?

این پی وی کیلکولیشنز میں کس قسم کے کیش فلو میں رعایت دی جاتی ہے؟

Future cash flows

Past cash flows

Present cash flows

None of the above

Future cash flows are discounted in NPV calculations to their present value using a discount rate.

It accounting for time value and risk.