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What is Future and Present Value Tables about?

This table shows the future and present value of $1 over various time periods with interest rates ranging from 2% to 15%. The future value of $1 increases as the interest rate or time period increases. The present value of $1 decreases as the interest rate or time period increases. The table can be used to calculate the future or present value of a single sum of money invested or borrowed over time given an interest rate.

Author

rradita

Language

EN