The word "other" implies that you already have some in mind - but have chosen not to share that information. I have no way of knowing whether the factors that I mention are ones that are already known to you or are "other" factors.
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The Present Value Interest Factor PVIF is used to find the present value of future payments, by discounting them at some specific rate. It decreases the amount. It is always less than oneBut, the Future Value Interest Factor FVIF is used to find the future value of present amounts. It increases the present amount. It is always greater than one.
Quantitative forecasting tools are used to predict future figures and quantities such as sizes and lengths. Qualitative forecasting tools are used to predict what something in the future will be like in terms of things other than set figures. For instance, they could predict what type a future element will be; what color it will be; what the nature of it will be.
PRESENT - I am a Student. PAST - I was a Student FUTURE - I will be a Student. I ran (present/ past) I will run (Future) Jony will come to school before 9'O Clock.
Past - achieved. Present - achieve/achieves/achieving. Future - will achieve.
F = Future value P = Present Value i = Intrest Rate n = no. of years Therefore, the formula for future value of present amount :- F= P (1+i)n