Examlex
Find the equation that the given graph represents.
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Time Value
The principle that money in hand today has a greater value than an identical sum received in the future because of its ability to earn more over time.
Investment
The process of distributing funds with the aim of earning an income or a profit.
Future Value
The value of an investment at a specified date in the future, factoring in variables like capital growth and interest rates.
Compounding
The process whereby interest is credited to an existing principal amount as well as to interest already paid, leading to exponential growth over time.
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