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 Evaluate the formula FV=P(1+r)n when P=$100,000,r=0.08, and n=9\text { Evaluate the formula } F V = P ( 1 + r ) ^ { n } \text { when } P = \$ 100,000 , r = 0.08 \text {, and } n = 9

Question 67

Multiple Choice

 Evaluate the formula FV=P(1+r) n when P=$100,000,r=0.08, and n=9\text { Evaluate the formula } F V = P ( 1 + r ) ^ { n } \text { when } P = \$ 100,000 , r = 0.08 \text {, and } n = 9


A) $249,875.58
B) $199,900.46
C) $179,910.41
D) $219,890.51

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