Which of the following equations represents the method used to determine present value of a sum of money to be received n years from now in the future?
A) V1 = V0 x (1 + i) n
B) I = C/P
C) V0 = Vn / (1 + i) n
D) P = C1 /(1+i) 1 + C2/(1+i) 2 + . . . Cn / (1+i) n + F / (1+i) n
Correct Answer:
Verified
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