Which of the Following Formulas Is CORRECT for Finding the Present

Multiple Choice

Which of the following formulas is CORRECT for finding the present value of an investment?

A) FV = $\frac { \text { PV } } { ( 1 + r ) ^ { n } }$
B) PV = FV × (1 + r) ⁿ
C) PV = FVⁿ × (1 + r)
D) PV = FV × $\frac { 1 } { ( 1 + r ) ^ { n } }$