Here is the Book: Financial mathematics Chapter, Time value of Money 1. Navigate to the threaded discussion

Question:

Here is the Book: "Financial mathematics" Chapter, "Time value of Money"
1. Navigate to the threaded discussion below and respond to the following prompts:
a. Consider Example 5.7 on page 135 of your textbook: In this example, why is $100 only worth $9.23 today?
b. Discounting: If we increased the length of time involved, would this present value increase or decrease?
c. Compounding: If the going rate of the savings certificate increased above 10%, what would happen to the of the certificate? Would it be above or below $100?
d. Ethics: Is this scenario deceptive advertising? Why or why not?
e. Support your position with at least one biblical principle with a specific Bible verse that you feel is relevant to the situation (explain how and why it applies).
Future Value
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...