Documents Chapter 4 Time Value of Money. 2 Future Value of Single Amount Deposit $1,000 into bank that pays...

Slide 1 Chapter 4 Time Value of Money Slide 2 2 Future Value of Single Amount Deposit $1,000 into bank that pays 10% interest FV(1) = 1,000 + 1,000(.10) = 1,000(1.10) = 1,100…