The future value of $1 saved today is $1/(1 + r).

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Ainslee Chambers · Accepted Answer

Final Answer : False, Explanation :  The future value of $1 saved today is actually $1 * (1 + r)^n, where r is the interest rate and n is the number of periods. The formula $1/(1 + r) represents the present value of $1 received in the future, not its future value.

The future value of $1 saved today is $1/(1 + r).

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