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02-09-2021
Mathematics

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In the present formula what does i stand for?

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devibimala199 devibimala199

02-09-2021

answer:

Present value (PV) is an accounting term meaning the value today of some amount of money expected to be available one or more years in the future. ... In this formula, PV stands for present value, namely right now, in the year of analysis.

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