The Future Value of C Invested at R% for T

question 115

Multiple Choice

The future value of C invested at r% for t periods is:

• A) FV = C/(1 + r)t.
• B) FV = (C)(1 + t)r.
• C) FV = (C)(1 + r)t.
• D) FV = [C][1/(1 + r)t].
• E) FV = (C)(1 + r)(t).

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