If X Is the Actual Amount of Income or Receipts

If X is the actual amount of income or receipts and i is the interest rate (in decimals) that could be earned on alternative uses of money that face the same risk, the present value of X one year from now is computed by

A) X/(1-i) .
B) X/(1+i) .
C) i/(1+X) .
D) (X) (1 + i) .
E) (i) (1 + X) .