The formula for the present value of a single sum at compound interest is A)p(1 + i)ⁿ B)f(1 + i)ⁿ C)f[1/(1 + i)ⁿ] D)p[1/(1 + i)ⁿ]

Name: The formula for the present value of a single sum at compound interest is A)p(1 + i) n B)f(1 + i) n C)f[1/(1 + i) n ] D)p[1/(1 + i) n ]
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The present value (PV) of a future sum of money is calculated by discounting it back to the present using the formula PV = F / (1 + i)^n, which is equivalent to C: f[1/(1 + i)^n].

The Formula for the Present Value of a Single Sum