Question

All else equal, the longer time period you have before you will need the money, the
(less/more) you will need to deposit today to have the same amount in the future.

Answer 1

All else equal, the longer time period you have before you will need the money, the **less** you will need to deposit today to have the same amount in the future. This is because time allows for more compounding of interest, meaning your initial deposit can grow more over a longer period.