Which of the following is the correct way to compute the future value of $X that earns r percent interest for N years?
A) $X1 + rN)N
B) $X1 + r)N
C) $X1 + rN)
D) $X1 + r/N)N

Question

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The Answer of Which of the following is the correct way to compute the future value of $X that earns r percent interest for N years?
A) $X1 + rN)N
B) $X1 + r)N
C) $X1 + rN)
D) $X1 + r/N)N

Which of the Following Is the Correct Way to Compute