A bank account would have an fv equal to the ____ plus any accrued interest, plus or minus any payments into or out of the account.

Name: A bank account would have an fv equal to the ____ plus any accrued interest, plus or minus any payments into or out of the account.
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

The future value (fv) of a bank account is determined by its present value (pv) plus any accrued interest, and adjusted for any payments into or out of the account.

A Bank Account Would Have an Fv Equal to the ____