Question: How would you explain the difference between (net) present value vs future value? What is present value? What is future value? Give examples. Note: When

 How would you explain the difference between (net) present value vs

How would you explain the difference between (net) present value vs future value? What is present value? What is future value? Give examples. Note: When dealing with net present values and future values, think direction. Net present values have interest, I = PxRxT, and interest is at the end. Future values calculates a discount at the beginning of the period, no time value yet. In the future, the discount becomes interest as time goes by

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