Basic compound interest tables various interest rates

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Here, 'worth more' means that its value is greater than tomorrow. Time value can be described with the simplified phrase, 'A dollar today is worth more than a dollar tomorrow'. The present value is usually less than the future value because money has interest-earning potential, a characteristic referred to as the time value of money, except during times of negative interest rates, when the present value will be equal or more than the future value.

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In economics and finance, present value ( PV), also known as present discounted value, is the value of an expected income stream determined as of the date of valuation.

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