Question: 1. ( The present value equation is defined as PV = FV/(1+r) Write a function with arguments FV, r and n, which calculates the
1. ( The present value equation is defined as PV = FV/(1+r)" Write a function with arguments FV, r and n, which calculates the present value using n terms. 2. Using the above function, compute the present value when the face value is 100, the required rate of return is 4% per year, and the end of term is five years (FV=100, r=0.04, n = 5).
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