Describe the concepts of present value, future value, and annuities to demonstrate to your client the benefits of investing.
Describe the concepts of present value, future value, and annuities to demonstrate to your client the benefits of investing. As part of your response, perform the following calculation: 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 […]