Sub part (a)
To determine: Time line.
Introduction:
Time line: A time line in business is a visual representation of a sequence of events or it is a length of time that a project is expected to take.
Sub part (b)
To determine:
Introduction:
Time line: A time line in business is a visual representation of a sequence of events or it is a length of time that a project is expected to take.
Future value: The future value refers the value of present amount at a future date.
Sub part (c)
To determine: Present value in time line.
Introduction:
Time line: A time line in business is a visual representation of a sequence of events or it is a length of time that a project is expected to take.
Present value: The present value refers to the today’s value of a future amount.
Sub part (d)
To discuss: importance of present value and future value in decision making.
Introduction:
Present value: The present value refers to the today’s value of a future amount.
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