What Is the Formula for the Future Value of an Ordinary

question 126

Multiple Choice

What is the formula for the future value of an ordinary annuity ?

• A) \( C \times\left[\frac{(1+i)^{n}-1}{i}\right] \)
• B)\( \frac{C \times\left\{1-\left[1 /(1-i)^{n}\right]\right\}}{i} \)
• C)\( \frac{C \times\left\{1-\left[1 /(1+i)^{n-1}\right]+1\right\}}{i} \)
• D) \( C \times\left[\frac{(1+i)^{n}}{i}\right] \)

---

Definitions:

Hot-Stove Rule

The principle that disciplinary action should be like what happens when you touch a hot stove: It is with warning, immediate, consistent, and impersonal.

Progressive Discipline

A system of dealing with job-related behavior that does not meet expected and communicated performance standards through a graduated range of responses.

Corrective Discipline

A management process that aims to address poor performance or misconduct by an employee through a system of progressive disciplinary actions.

Self-Directed Work Teams

Groups of employees who manage their own tasks and responsibilities without direct supervision, often tasked with achieving specific goals or projects.