Difference between future value and present value of one, Financial Accounting

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Difference between future value and present value of one

Response to the following questions:

1. Distinguish between the future value of 1 and the present value of 1 and between the present value of 1 and the present value of an ordinary annuity of 1.

2. Distinguish between the future value of an ordinary annuity and the future value of an annuity due. Draw a time line of each.

If possible, please give examples to better understand your response.

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Financial Accounting: Difference between future value and present value of one

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Financial Accounting: Difference between future value and present value of one

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