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    Personal Financial Planning Study Set 3
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    Exam 2: Time Value of Money
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    The Formula for Present Value Is
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The Formula for Present Value Is

Question 5

Question 5

Multiple Choice

The formula for present value is:


A) PV = FV1+i) n
B) PV = FV1+n) i
C) PV = FV / 1+n) i
D) PV = FV / 1+i) n
E) None of the above.

Correct Answer:

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