Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. rearrange the future value equation to show the pr

Rearrange the future value equation to show the present value (include explanations for each step).

50.1K

Verified Solution

Question

Finance

Rearrange the future value equation to show the present value(include explanations for each step).

Answer & Explanation Solved by verified expert
4.2 Ratings (647 Votes)
Future value of a single sumIts Present value 1Interest rateNoof compounding periods Stating in short form FVPV1rn where FVFuture value at the end of n compounding    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Rearrange the future value equation to show the present value(include explanations for each step).

Other questions asked by students

Basic Math
1.2K views

Assume that 15% of circuit boards used in manufacturing compact displayers are defective. Off a batch...

Medical Sciences
1.2K views

Mr. L. works with pesticides and is accidentally exposed to a nicotinic agonist. Focusing on motor output...

Physics
1.2K views

what's πt of van der waals gas? and how to solve this

Economics
1.2K views

1.      What could cause a previously upward-sloping yield curve to flatten out and eventually become downward sloping? 2.     ...

Basic Math
1.2K views

What is the 5th term in the expansion of Drag a value into each box...

Algebra
1.2K views

Rewrite the complex number 8e^1.5i in a + bi form

Accounting
1.2K views

Tesar Chemicals is considering Projects S and L, whose cash flows are shown below. These...

Accounting
1.2K views

Weston Products manufactures an industrial cleaning compound that goes through three processing departmentsGrinding, Mixing, and...

Accounting
1.2K views

From the following accounts, prepare a multi-step income statement for Kokomo Wholesale for the year...

Accounting
1.2K views

In John Balfour's credit card account interest is charged on the average daily balance. The...

Accounting
1.2K views

Selling and Administrative Budget 2. Materials Budget \begin{tabular}{|c|c|c|c|c|} \hline Figurines & & & & Ref#...

Accounting
1.2K views

The following are financial statements of Ohara Company. was $92,000. The cash used for dividends...