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Present and Future Value

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3 Responses

  1. Jeff Lipshaw says:

    Didn’t Einstein have something to say about the miracle of compound interest?

    Isn’t the real point in PV and FV in tax the impact on deferral of tax? That is, when you defer income or do not recognize gain, you defer the tax, and the FV of that deferral is what is worth so much money. That’s what I learned many years ago from Wayne “Great Cases I Have Argued and Lost” Barnett.

  2. salil says:

    fv(history) = tragedy = pv(farce)

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