The main variables of the TVM equation are ________.
A)present value,future value,time,interest rate,and payment
B)present value,future value,perpetuity,interest rate,and payment
C)present value,future value,time,annuity,and interest rate
D)present value,future value,perpetuity,interest rate,and principal

Question

Quizplus · Accepted Answer

The TVM (Time Value of Money) equation involves the following variables: present value (PV), future value (FV), time (t), interest rate (r), and payment (PMT). These variables can be used to calculate various financial scenarios, such as determining the future value of an investment or the present value of a future cash flow. Perpetuity and principal are not typically included in TVM calculations.

The Main Variables of the TVM Equation Are ________