FIN - How does discounting, as used in determining present value, relate to compounding

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How does discounting, as used in determining present value, relate to compounding, as used in determining future value? How are you able to apply discounting and compounding concepts to lump sum transactions versus transactions that involve a series of equal cash flows? 

    • 12 years ago
    FIN - How does discounting, as used in determining present value, relate to compounding
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