The future value of a deposit is:
A) PV * (1 + r) * n,where r = interest rate,n = periods,and PV = present value.
B) PV * (1 + r) n,where r = interest rate,n = periods,and PV = present value.
C) PV * rn,where r = interest rate,n = periods,and PV = present value.
D) PV/(1 + r) n,where r = interest rate,n = periods,and PV = present value.
Correct Answer:
Verified
Q15: Compounding is:
A) the process of accumulation of
Q21: If you knew that an investment was
Q23: Which of the following is closest to
Q28: Present value:
A)translates future costs or benefits into
Q28: The process of accumulation that occurs when
Q29: Present value is:
A)how much a certain amount
Q30: Which of the following is closest to
Q30: The present value of $500,000 in 4
Q35: To compute the present value of a
Q38: Which of the following is closest to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents