Which of the Following Is the Correct Expression for Calculating

question 37

Multiple Choice

Which of the following is the correct expression for calculating the future value of an investment? (r represents the interest rate and n represents the length of time)

• A)Future value = Present value × (1 + r)ⁿ
• B)Future value = Present value + (1 + r)ⁿ
• C)Future value = Present value - (1 + r)ⁿ
• D)Future value = Present value / (1 + r)ⁿ
• E)Future value = Present value / [(1 + r) × n]

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Definitions:

Limestone

A sedimentary rock composed primarily of calcium carbonate, often formed from marine organisms' shells and skeletons.

Granite

A rough-textured igneous rock that predominantly contains quartz, feldspar, and mica, frequently used in the construction industry.

Lineation

A linear feature within rock, such as grain elongation or mineral stretching, that indicates flow or movement directions during formation.

Elongated Mineral

A mineral shape characterized by being significantly longer in one direction than in the others, common in some types of crystals.