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Time Value of Money

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I have to answer the questions below.

What is the difference between present values and future values?

How would you use present and future value techniques in preparing a financial plan for retirement?

How would various required rates of return affect your decision?

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The solution explains some aspects of time value of money

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Please see the attachment. I hope it explains the relevant concepts.

What is the difference between present values and future values? How would you use present and future value techniques in preparing a financial plan for retirement? How would various required rates of return affect your decision?

The difference between present value and future value is the time when the value is measured. If the value is measured today, then ...

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