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* ''t'' = years
 
* ''t'' = years
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In Equation (1), the amount F received t years from now is equivalent to the present day investment P if the interest rate is i per year.
+
In Equation ({{Equationnote|1}}), the amount F received t years from now is equivalent to the present day investment P if the interest rate is i per year.
    
==Present value==
 
==Present value==

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