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) \( C \times\left[\frac{(1+i)^{n}}{i}\right] \)

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