Answer to Question #281056 in Finance for Aarti

Question #281056

What are the four basic parts of the time value of money equation? Explain in detail.


1
Expert's answer
2021-12-22T11:55:23-0500

The four variables are present value (PV), time as stated as the number of periods (n), interest rate (r), and future value (FV).

"FV=PV(1+r)^n"


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