The Formula for Future Value Is

question 3

Multiple Choice

The formula for future value is:

• A)FV = PV1+)ⁿ
• B)FV = PV / 1+)ⁿ
• C)FV = PV1 / 1+)ⁿ)
• D)FV = 1 / P
• V)1+)ⁿ
• E)None of the above.

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Definitions:

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Materials Ledger

A detailed record that tracks the quantity and cost of materials on hand.