The Question "What Is the Current Value of an Amount $\frac { FV } { ( 1 + r ) ^ { n } }$

Multiple Choice

The question "What is the current value of an amount of cash that will be received at a specific time in the future?" is best answered by which form of the TVM equation?

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