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The prenopal ef the tme value of money is probably the single mont important coricept in finarcal management. One of the most frequently enceuntored apolfations

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The prenopal ef the tme value of money is probably the single mont important coricept in finarcal management. One of the most frequently enceuntored apolfations involves the caloulation of a fufure value. The prockss for convutang wresert yaluns into future valuns is called compoundian Th. This process requires konowiedge of the values of three Hes? The presist value (PM) of the amount deposied The oration of the depase (N) The interest rake fis that coudd be warned by deposited funds The burd between the proserts and future valujes of an invostenent: NH whit thinge heing equal, the neamerical deference betwnen a preaent and a future value cerrusponds to the amount of interest earned during Que depeer eir vestunent pennd. Each line on the following araph correspands to an anterest rate: 0%, 9%, or 18%. Identify the interest rate that caifesounds with each line

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