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The present value (PV) of a payment one year in the future (FV) , given an interest rate (r) , is given by the equation:
Dependent
Reliant on something else for support, sustenance, or supply.
Explanation
The act of making something clear or understandable by providing information or reasons.
Argument
A set of statements structured to support a conclusion through reasoning.
Earth Spinning
The rotation of the Earth on its axis, causing the cycle of day and night.
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