What Is the Formula for the Future Value of an Ordinary

Multiple Choice

What is the formula for the future value of an ordinary annuity ?

A) $C \times\left[\frac{(1+i) ^{n}-1}{i}\right]$

B) $\frac{C \times\left\{1-\left[1 /(1-i) ^{n}\right]\right\}}{i}$

C) $\frac{C \times\left\{1-\left[1 /(1+i) ^{n-1}\right]+1\right\}}{i}$

D) $C \times\left[\frac{(1+i) ^{n}}{i}\right]$