Which Expression Is Used to Calculate the Future Value of an Amount

question 243

Multiple Choice

Which expression is used to calculate the future value of an amount of money?

• A)Present Value × (1 + interest rate)^time
• B)Present Value / (1 + interest rate)^time
• C)Present Value × (1 + time)^{interest rate}
• D)(1 + interest rate)^time / Present Value

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