Question: What is the relationship between present value and future value? Suppose you need $15,000 in 3 years. If you can earn 6% annually, how much

What is the relationship between present value and future value? Suppose you need $15,000 in 3 years. If you can earn 6% annually, how much do you need to invest today? If you could invest the money at 8%, would you have to invest more or less than at 6%? How much

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