Question: So, does this make sense? We've rearranged the future value equation to solve for the present value. Also, notice that the present value interest factor
So, does this make sense? We've rearranged the future value equation to solve for the present value. Also, notice that the present value interest factor is theinverse of the future value interest factor. This means that you don't necessarily need two different interest factor tables for the single cash flow; you can make do using either simply the present value table or the future value tableso long as you use it correctly
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