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Your Grandmother placed $ 1 0 0 in an account 1 0 years ago and you will withdraw the balance today. The amount 1 0
Your Grandmother placed $ in an account years ago and you will withdraw the balance today. The amount years ago is called the for time value of money calculations. past value present value future value intrinsic value 
Your Grandmother placed $ in an account years ago and you will withdraw the balance today. The amount years ago is called the for time value of money calculations.
past value
present value
future value
intrinsic value
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