Present Discounted Value(PDV a Future Value(Fv) Future Dollar Value of $invested today=(1+R) PDV=Present dollar value of $1 received in the future (1+R)" (how much would you have to invest today to have a dollar in the future) Chapter 15 Slide 8Chapter 15 Slide 8 Present Discounted Value (PDV) ◼ Future Value (FV) invest today to have a dollar i n the future) ; (how much would you have to (1 1 i n the future PDV Present dollar value of $1received Future Dollar Value of $1invested today (1 n ) ) n R R + = = = +