In this video, we dive into the concepts of Present Value (PV) and Future Value (FV) to help you understand how time impacts the value of money. Using a relatable example, we compare the value of receiving $100,000 today versus $1,000,000 in 50 years, emphasizing the time value of money. We explain how to calculate PV and FV using discount rates and compounding interest, helping you make smart decisions about investments and opportunity costs. By the end of this video, you'll have a clearer understanding of these core finance concepts, which are essential for success in exams and real-world financial decisions.