$2.$ Future value

The principle of the time value of money$$is probably the single most important concept in financial management. One of the most frequently encountered applications involves the calculation of a future value.

Simple interest $$occurs when interest is not earned on prior periods$$ interest.

Which of the following is not one of these variables?

The duration of the deposit $($n$)$

The trend between the present and future values of an investment

The present value $($PV$)$ of the amount deposited

The interest rate $($r$)$ that could be earned by deposited funds