Why is it important to understand the concept of future value of money important? How can it be used by an investor? When is discounting used? How is it helpful in decision making? Which value is more important present How does the present present value of a future payment change as the time to receipt is lengthened? Explain the same As the interest rate increases? What is an annuity due? Which is better an ordinary annuity or an annuity due? Why is it important to understand the concept of future value of money important? How can it be used by an investor? When is discounting used? How is it helpful in decision making? Which value is more important present How does the present present value of a future payment change as the time to receipt is lengthened? Explain the same As the interest rate increases? What is an annuity due? Which is better an ordinary annuity or an annuity due