Which of the Following Is the Correct Formula for Calculating

question 66

Multiple Choice

Which of the following is the correct formula for calculating the present value of an amount invested (A) at an interest rate of r, for n periods?

• A)A x (1/(1 + r)) x n
• B)A x (1/(1 + r)ⁿ)
• C)A x (1/(r x n))
• D)A x (1/(1 + n)^r

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