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 amount of money you would have in a year can be found by computing. principal + principal times interest rate =future value. Since the money you are putting into the account now is the amount you have now, we call it the present value.. Thus, this calculation could be written. present value + (present value x interest rate) =future value. Or, if we abbreviate present value as PV, future value as FV, the interest rate as i,