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The principal o thetime value of money is probab the singler ost mportantconcept nmanca management. One of the most frequently encountered applications involves the calculation

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The principal o thetime value of money is probab the singler ost mportantconcept nmanca management. One of the most frequently encountered applications involves the calculation of a future value. This process requires The process for converting present values into future values is called knowledge of the values of three of four time-value-of-money variables. Which of the following is not one of these variables? O The present value (PV) of the amount invested O The interest rate (1) that could be earned by invested funds O The inflation rate indicating the change in average prices O The duration of the investment (N) All other things being equal, the numerical difference between a present and a future value corresponds to the amount of interest earned during the deposit or investment period. Each line on the following graph corresponds to an interest rate: 0%,9%, or 17%. Identify the interest rate that corresponds with each line. VALUE Dollarsl

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