To calculate the future value of an ordinary annuity due, use the following formula:
? $$F V = P m t x \frac { ( 1 + i ) ^ { n } - 1 } { i } x ( 1 + i )$$ ?

Question

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This formula correctly calculates the future value of an ordinary annuity due by accounting for the additional compounding period due to payments being made at the beginning of each period, as indicated by the multiplication by $(1 + i)$ at the end of the formula.

To Calculate the Future Value of an Ordinary Annuity Due FV=Pmtx(1+i)n−1ix(1+i)F V = P m t x \frac { ( 1 + i ) ^ { n } - 1 } { i } x ( 1 + i )FV=Pmtxi(1+i)n−1​x(1+i)

To Calculate the Future Value of an Ordinary Annuity Due $F V = P m t x \frac { ( 1 + i ) ^ { n } - 1 } { i } x ( 1 + i )$