Business, 09.03.2020 16:16 shirleyyxo
payments are known as lump sums. We can solve for the future value or the present value of a lump sum as we discuss below.
Finding the future value (FV), or , is the process of going from today's values to future amounts. The FV equation is
FV=PV(1 + I)^N
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payments are known as lump sums. We can solve for the future value or the present value of a lump su...
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