Question: Explain how a positive r-value will make FV=PV(1+mr)mt have a base that is greater than 1. Explain how a negative r-value will make FV=PV(1+mr)mt have

Explain how a positive r-value will make FV=PV(1+mr)mt have a base that is greater than 1. Explain how a negative r-value will make FV=PV(1+mr)mt have a base that is between 0 and 1. Explain how a positive r-value will make FV=PV(e)rt have a base that is greater than 1. Explain how a negative r-value will make FV=PV(e)rt have a base that is between 0 and 1 . Hint: You will need to use the fact that xm=xm1=(x1)m (Negative exponent property)

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