The question "How much will I have in my account at a specific point in the future,given a specific interest rate?" is best answered by which form of the TVM equation?
A)FV =
B)FV = PV × (1 + r)n
C)FV = (FV/P
V)1/n -1
D) FV =

Question

The question "How much will I have in my account at a specific point in the future,given a specific interest rate?" is best answered by which form of the TVM equation?
A)FV = 
B)FV = PV × (1 + r)n 
C)FV = (FV/P
V)1/n -1 
D) FV =

Quizplus · Accepted Answer

The formula FV = PV × (1 + r)n represents the future value (FV) of an investment, given the present value (PV), interest rate (r), and the number of periods (n). This is the most commonly used form of the time value of money (TVM) equation to calculate the future value of an investment at a specific point in the future.

The Question "How Much Will I Have in My Account