When Solving for the Future Value of an Amount Deposited

question 126

Multiple Choice

When solving for the future value of an amount deposited now,which one of the following factors would not be an input?

• A)present value amount
• B)1 plus the interest rate
• C)1 divided by the sum of 1 plus the interest rate
• D)number of periods to compound over

---

Definitions:

Usage of Trade

Established customs and practices recognized in a particular industry or trade that can influence the interpretation of contracts and obligations.

Course of Dealing

The pattern of previous conduct between parties that establishes a common basis for understanding their future transactions and behaviors.

Course of Performance

Refers to the conduct between contracting parties that is consistently undertaken in the course of their business relationship, serving as an interpretative tool for their agreement.

Course of Dealing

The history of conduct between parties in a transaction, which can help interpret their agreement and obligations.