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Musya8 [376]
2 years ago
10

How to solve the time value of money problems​

Business
1 answer:
erastova [34]2 years ago
8 0

Answer:

The Time Value of Money formula is FV = PV x [ 1 + (i / n) ] (n x t)] where V is the Future value of money, PV is the Present value of money, i is the interest rate, n is the number of impounding periods per year, and t is the number of years.

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b. $660,000.

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