Multiple Choice
Which of the following correctly defines future value?
A) The current value of a said future amount based on the interest rate and time in the account.
B) The value of an amount at a future date based on the interest rate and time in the account.
C) A single,one-time payment.
D) A series of equal payments that are made at equal intervals over time.
Correct Answer:
Verified
Correct Answer:
Verified
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