What is or isn't true isn't always the main consideration in choosing the tense in English. The sequence of tenses seems to call for the past tense or the preterite in many cases when (foreign) common sense prefers something else: I knew that he lived in New York. - He may or may not live there now.
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AnonymousHow are the sentences above different then in meaning?I see no difference in meaning, nor do I actually think that either tense is preferred. That doesn't mean that everybody agrees with me, though!
AnonymousI checked the report and found out that the balance for last year is GBP 1,000.
1. Can 'is' be used above because the balance for last year didn't change and holds true up to the present?
2. Let's say the balance is being asked by someone at the present, therefore can I use 'is' because it is relevant to a question being asked presently, although it