Time money and Interest rates
The ability to forecast interest rates is paramount in the successful use of present and future value. If your estimate is off, your answer and financial decision is incorrect. Based on the following video, what do you think will occur with future interest rates and the impact on time value of money (TVM) decisions? https://www.bloomberg.com/news/articles/2018-04-27/fed-may-lean-toward-four-rate-increases-in-2018-after-wages-data […]
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