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Explain how a positive r-value will make FV = PV(1+) have a base that is greater than 1. Explain how a negative r-value will
Explain how a positive r-value will make FV = PV(1+)" have a base that is greater than 1. Explain how a negative r-value will make FV = PV(1+)" have a base that is between 0 and 1. Explain how a positive r-value will make FV = PV(e)" have a base that is greater than 1. Explain how a negative r-value will make FV = PV(e)" have a base that is between 0 and 1. (Negative exponent property) m Hint: You will need to use the fact that x m x
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
