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linda_us, Master's Degree
Category: Business and Finance Homework
Satisfied Customers: 7291
Experience:  A tutor for Business, Finance, Accounts and other related topics.
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While it might be interesting to look at what $10000 today

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While it might be interesting to look at what $10000 today will be in 20 years, in business we are more often concerned with the question, “If I receive $10000 in 5 years, what is that worth today?” To do this, we use a present value formula: pv= fv*(1/((1+i)^n)). Based on the interest rate and number of periods, you can calculate what the value of $10000 in the future would be today.

How do you feel about the usefulness of these types of calculations?
I would love to help you with this question. Do you have a word limit for this answer or do you need just an explanation. Also if you could kindly advise your deadline.
Customer: replied 3 years ago.


Customer: replied 3 years ago.

This evening would be helpful

Great. I am working on it.
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