The question "At what rate is my money growing over time?" is best answered by which form of the TVM equation?
A)r =
B)r = PV × (1 + r)n
C)r = (FV/P
V)1/n - 1
D)r =

Question

The question "At what rate is my money growing over time?" is best answered by which form of the TVM equation?
A)r = 
B)r = PV × (1 + r)n 
C)r = (FV/P
V)1/n - 1 
D)r =

Quizplus · Accepted Answer

The equation r = (FV/PV)1/n - 1 gives the growth rate of money over time, where FV is the future value, PV is the present value, n is the number of periods, and r is the rate. This equation takes into account the starting and ending values of the investment and the time period, making it the best choice for answering the question.

The Question "At What Rate Is My Money Growing Over