You want to know how much you must deposit today to have $5000 in five years. Indicate
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You want to know how much you must deposit today to have $5000 in five years.
Indicate whether you would solve for the future value of a single sum, the present value of a single sum, the future value of an annuity, or the present value of an annuity.
Future ValueFuture 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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Muhammad Umair
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