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Unformatted text preview: Terms: PV present value: amount that occurs today FV future value: amount at some point in the future R Interest rate (calculator I/y): the periodic interest rate earned on the investment t Number of periods (also called ‘n’) i) When are are valuating a cash flow ii) When a future cash flow occurs iii) The number of cash flows in on annuity Excel FV function =FV(rate, nper, pmt, pv, type)...
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 Spring '08
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 Time Value Of Money, Interest, cash f lows, PV present value

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