The Time Value of Money Present value(Pv)of an amount(Fv)to be received at the end of n, periods when the per-period interest rate is" FV PV Examples? Michael R Baye, Managerial Economics and Business Strategy, 3e. CThe McGraw-Hill Companies, Inc, 1999Michael R. Baye, Managerial Economics and Business Strategy, 3e. ©The McGraw-Hill Companies, Inc. , 1999 The Time Value of Money • Present value (PV) of an amount (FV) to be received at the end of “n” periods when the per-period interest rate is “i”: ( ) PV FV i = n 1+ Examples?