Question - Present Value (PV) and Future Value (FV) are crucial components in the everyday financial decision-making in the managerial environment. In a 2 page Word document please respond to the following:
- What is PV?
- What is FV?
- How is relevant to financial decision-making?
- How are these to concepts applicable to my current work environment?
- Provide examples of how they would be used in your current work environment including the impact they have on the financial decision-making.