You are able to calculate the present value of an annuity by understanding the following relationship: FV = PV (1+I)

Name: You are able to calculate the present value of an annuity by understanding the following relationship: FV = PV (1+I)
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Question

Quizplus · Accepted Answer

The formula for calculating the future value of an annuity is FV = PV * (1 + I)^n, where PV is the present value, I is the interest rate, and n is the number of periods.

You Are Able to Calculate the Present Value of an Annuity