A financial process for calculating the present value of an amount of money to be received or paid in the future. The formula is PDV = V / (1 + i)n where V = future value, i = market rate of interest, n = time in years.
A financial process for calculating the present value of an amount of money to be received or paid in the future. The formula is PDV = V / (1 + i)n where V = future value, i = market rate of interest, n = time in years.