If i is the interest rate and X is the number of dollars to be received after t years, the formula to calculate the present value of a future payment is A)(1 + i)tX. B)X/(1 + i)t. ^C)i^t/(1 + X). D)(X/i)t.

Question

Quizplus · Accepted Answer

The Answer of If i is the interest rate and X is the number of dollars to be received after t years, the formula to calculate the present value of a future payment is A)(1 + i)tX. B)X/(1 + i)t. ^C)i^t/(1 + X). D)(X/i)t.

If I Is the Interest Rate and X Is the Number