When would a PV cost figure be greater than a FV cost figure?

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December 17, 2020
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December 17, 2020

1.     At what interest rate (i) would a PV of $100 be the same as a FV of $100 in any given year (n)?

2.     When would a PV cost figure be greater than a FV cost figure?

3.     Do you have money in a savings account? You should! How much interest are you earning? Is it enough? If left in place at this interest rate, when would your savings account double?

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