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Which One of the Following Is the Correct Formula for Computing

Question 9

Multiple Choice

Which one of the following is the correct formula for computing the future value of an annuity?


A) C ×\times (Future value factor - 1) / r
B) C ×\times (Future value factor + 1) / r
C) C / (Future value factor - 1) + r
D) C ×\times (Future value factor + 1) ×\times r
E) C - (Future value factor - 1) / r

Correct Answer:

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