what is the relationship between present value and interest rate
{"Image DocumentName": "Present Value \u2013 Important Relationship II", "Image ImageDescription": "For a given time period \u2013 the higher the interest rate, the smaller the present value. What is the present value of  500 received in 5 years if the interest rate is 10%? 15%? Rate = 10%: PV = 500 / (1.1)5 = Rate = 15%; PV = 500 / (1.15)5 = Calculator: 10%: N = 5; I/Y = 10; FV = 500; CPT PV = %: N = 5; I/Y = 15; FV = 500; CPT PV =", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}