Present Value (PV) and Future Value (FV) are crucial components in the everyday financial decision-making in the managerial environment. In a 2-3 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.