Start now if you want your child to become a tennis multi-millionaire and keep you in old age, though there are much better reasons to get them playing, says Andrew Baker. Smashing fun: four-year-old Lucy works on her double-handed forehand.
38) What is the relationship between present value and future value interest factors? <br />A. The present value and future value factors are equal to each other.<br />B. The present value factor is the exponent of the future value factor.<br />C. The future value factor is the exponent of the present value factor.<br />D. The factors are reciprocals of each other.<br />E. There is no relationship between these two factors.</p>.
The formula for the present value factor is used to calculate the present value per dollar that is received in the future. The present value factor formula is based on the concept of time value of money. Time value of money is the idea that an amount received today is worth more than if the same amount was received at a future date.