What is the relationship between present value and future va

来源：学生作业帮编辑：作业帮分类：英语作业时间：2024/05/04 06:44:47

What is the relationship between present value and future value?
用英语回答哦

Future value is the value of a present sum of money (cash) at a given date in the future assuming a specified rate of return.
Present value is the current worth of a future sum of money (cash) discounted at a specified rate of return.
Present value and future value are often explained in the context of the time value of money.

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