$$\text { Evaluate the formula } F V = P ( 1 + r ) ^ { n } \text { when } P = \$ 100,000 , r = 0.08 \text {, and } n = 9$$

question 67

Multiple Choice

$$\text { Evaluate the formula } F V = P ( 1 + r ) ^ { n } \text { when } P = \$ 100,000 , r = 0.08 \text {, and } n = 9$$

• A) $249,875.58
• B) $199,900.46
• C) $179,910.41
• D) $219,890.51

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Definitions:

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