Fill in the present value for the following table a. Using the present value formula, PV =
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a. Using the present value formula, PV = FV Ã [1/(1+r)n].
b. Using the time value of money keys or function from a calculator orspreadsheet.
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Future Value Interest Rate Number of Periods Present Value $900.00 $80,000.00 S350,000.00 S26,981.75 5% 690 10% 16% 30 20 15 2
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Future Value Interest Rate Number of Periods Present Value 90000 5...View the full answer
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The time value of money (TVM) is the concept that the money you have in your pocket today is worth more than the same amount would be if you received it in the future because of the profit it can earn during the interim.
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