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The Question "How Much Will I Have in My Account (1+r)n( 1 + r ) ^ { n }

Question 119

Multiple Choice

The question "How much will I have in my account at a specific point in the future,given a specific interest rate?" is best answered by which form of the TVM equation?


A) FV = FV
(1+r) n( 1 + r ) ^ { n }
B) FV = PV × (1 + r) n
C) FV = (FV/PV) 1/n -1
D) FV = ln(FV/PV) ln(1+r) \frac { \ln ( \mathrm { FV } / \mathrm { PV } ) } { \ln ( 1 + \mathrm { r } ) }

Correct Answer:

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