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Which of the Following Is the Formula for Compound Value

Question 58

Multiple Choice

Which of the following is the formula for compound value?

A) FV_n = P(1 + i) ⁿ
B) FV_n = (1 + i) /P
C) FV_n = P/(1 + i) ⁿ
D) FV_n = P(1 + i) ^-n

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