Question: The present value computation is important when we want to know the value of flure - day assets today. The future value computation is important
The present value computation is important when we want to know the value of flureday assets today.
The future value computation is important when we want to know the value of presentday assets at a future date.
Present and future value computations allow us to better budget our finances so that liquidity is reduced.
They enable us to measure or estimate the interest component of holding assets or debt over time.
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