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The Future Value of a Deposit Is _______, Where R

Question 122

Multiple Choice

The future value of a deposit is _______, where r = interest rate, n = periods, and PV = present value.

A) PV × (1 + r) × n
B) PV × (1 + r) n
C) PV × (r) n
D) PV / (1 + r) n

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