Takes present values into the future and discounting brings future values back to the present.
Future Definition (Entry 2 of 2) 1a: The time to come. b: What's going on? 2: Expectations of progress or ongoing development. 3: Bought for future purchase or sold for future delivery (e.g. bulk commodities) - Usually used in multiple grain futures, a noun referring to something coming or is an adjective. When we hope, we often imagine what will happen in the future. Future Plan means any plan established, maintained, or funded after the date of this Agreement or scheduled to be established.
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