Explain the of time value of money related to your client’s investments
Explain the of time value of money related to your client’s investments
by describing the concepts of PV, FV, and annuities to demonstrate the benefits. Include the following calculations : Take $10,000 of (fictitious) purchased stock, choose an interest rate, and calculate the amount of money that your client would have after 60 years if the interest is compounded annually. What would the $10,000 yield in the future?