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The definition of future value is: i. the dollar amount invested today at a stated rate of interest for some period of time. ii. an
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The definition of future value is:
i. the dollar amount invested today at a stated rate of interest for some period of time.
ii. an amount of money received each period for a stated number of periods.
iii. the amount of investment is worth at the end of some stated period of time.
iv. the amount an investment is worth in today's dollars.
the cash value of an investment in today's dollars based on a stated rate of interest.
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