The future value is the same concept as the way money grows in a bank account.

Question

Quizplus · Accepted Answer

The future value is a financial concept that represents the value of an amount of money at a future date, taking into account factors such as interest and compounding. Similarly, money in a bank account can grow over time due to interest and compounding. Therefore, the future value and the growth of money in a bank account share the same principle.

The Future Value Is the Same Concept as the Way