In the future value equation shown below, if the present value and compounding periods are...
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In the future value equation shown below, if the present value and compounding periods are positive numbers and the rate is negative what is the relationship between the present value and the future value? fv=pv(1+rate)nper The present value will be larger than the future value The future value will be larger than the present value The relationship cannot can be determined without actual numbers The math in the formula does not work
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