2. Future value Aa Aa The principal of the time value of money is probably the single most important concept in financial management. One the most frequently encountered applications involves the calculation of a future value. The process for converting present values into future values is called This process requires knowledge of the values of three of four time-value-of-money variables. Which of the following is not one of these variables? Q The present value (Pv) the amount deposited Q The duration of the deposit (N) The trend between the present and future values of an investment O Q The interest rate (I) that could be earned by deposited funds