Multiple Choice
Indicate which formula is correct to determine the future value of an annuity due.
A) FVAs = PMT × [FVIFAi,n/(1 + i) ]
B) FVAs = PMT × FVIFAi,n
C) FVAs = PMT × FVIFAi,n+1
D) FVAs = PMT × [FVIFAi,n × (1 + i) ]
Correct Answer:
Verified
Correct Answer:
Verified
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