HCS 219 RANK Motivated Minds/hcs219rank.com HCS 219 RANK Motivated Minds/hcs219rank.com | Page 10

How would you use the time value of money to your financial benefit? Part 2: Complete the following tables by calculating the ratios. Amount Compounding period Rate of interest Present value $100,000 Annual 6% for 10 years $70,000 Annual 4% for 15 years