Final answer:
The present value is not always less than the future value. The relationship between present value and future value depends on the interest rate and the time period involved.
Step-by-step explanation:
The present value is not always less than the future value. Present value is the value of an amount of money at the current time, while future value is the value of an amount of money at a specified future time after earning interest.
The relationship between present value and future value depends on the interest rate and the time period involved. If the interest rate is high, the present value will be less than the future value, and if the interest rate is low, the present value will be greater than the future value.