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4 August, 03:27

By definition, future value is?

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  1. 4 August, 03:49
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    Future value is the value of an asset at a specific date. It measures the nominal future sum of money that a given sum of money is "worth" at a specified time in the future assuming a certain interest rate, or more generally, the rate of return; it is the present value multiplied by the accumulation function.
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