What is the difference between compounding (the determination of future value) and discounting (the determination of present

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What is the difference between compounding (the determination of future value) and discounting (the determination of present value)?

Compounding
Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. This growth, calculated using exponential functions, occurs because the investment will...
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