Interesting Gerbil Facts: 1  Gerbils are small animals. They can reach length of 6 to 12 inches (including the tail) and weigh 2 Â½ ounces. 2  Whole body, including the tail, is covered with fur. Color of the fur depends on the species. 3  Gerbils have long hind legs adapted for jumping.
Planned Value (PV) This is the first element of earned value management. Planned Value is the approved value of the work to be completed in a given time, or you can say that it is the money that you should have earned as per the schedule.
Here is the formula we use to determine the present value of $104, discounted at 4%. Here's the formula: PV = FV(1/1+interest rate)^n. This formula says, the present value equals the future value we receive times 1 divided by (1 + the interest rate) raised to the nth power.