The Formula for the Future Value of an Ordinary Annuity $$F V _ { O } = C \times \left[ \frac { ( 1 + n ) ^ { i } - 1 } { i } \right]$$

question 27

True/False

The formula for the future value of an ordinary annuity of any amount is:
$$F V _ { O } = C \times \left[ \frac { ( 1 + n ) ^ { i } - 1 } { i } \right]$$

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