Present and Future Value - Georgia College & State University
The general equation for future value in year n (FVn) can be expressed using the specified notation as follows: FVn = PV x (1+i)n. 4-4. A decrease in the interest rate lowers the future amount of a deposit for a given holding period, since the deposit earns less at the lower rate. An increase in the holding period for a given interest rate ... ................
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