Homework Assignment for Week 6
BUSN 5200
November 30, 2018
Fill in the blank
1. Future Value is the amount that a specified sum today is expected to be worth at a specified
time in the future, given the required rate of return.
2. Present Value is the amount that a specified sum expected to be received or paid in the future
is worth today, given the required rate of return.
3. A Present Value Interest Factor (PVIF) is the result of solving the formula PV = $1 x 1/(1+i)^n for
various combinations of I and n.
4. A Future Value Interest Factor (FVIF) is the result of solving the formula FV = $1 x 1/(1+i)^n for
various combinations of I and n.
Short Answer
