Question: Present Value How much you got now. Future Value How much what you got now grows to when compounded at a given rate 1. I

Present Value How much you got now. Future Value How much what you got now grows to when compounded at a given rate 1. I give you 100 dollars. You take it to the bank. They will give you 10% interest per year for 2 year. FV=PV (1 + i)N FV = Future Value . PV = Present Value i = the interest rate per period the number of compounding periods hint 2 = bi annually

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