FIN 419 Week 2 DQs - 7651

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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? Explain.

Solution Description

Present value, just as it sounds, is the value at the present time. Future value is the value received in the future. According to Gitman (2006), “Future value techniques typically measure cash flows at the end of a project&rs