Explain the basic difference between future value and present value. Discuss.
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Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...
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ISBN: 978-0078025518
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Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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