Future Values

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Need help wth this answer please. Thank!

 

This chapter introduced the basic principles of present value and future value. 

 

Present Value Alternative Formula 

 

With this equation, we are able to find any one of the four PV, FV, r, or t.  

 

Based on what you learned in this chapter, please share what happens when the rate is increased for future value and present value? Please share either a work or personal experience when answering the question

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