The Question "How Much Will I Have in My Account $$( 1 + r ) ^ { n }$$

question 119

Multiple Choice

The question "How much will I have in my account at a specific point in the future,given a specific interest rate?" is best answered by which form of the TVM equation?

• A)FV = FV
• \[( 1 + r ) ^ { n }\]
• B)FV = PV × (1 + r)ⁿ
• C)FV = (FV/PV)^1/n -1
• D) FV = \(\frac { \ln ( \mathrm { FV } / \mathrm { PV } ) } { \ln ( 1 + \mathrm { r } ) }\)

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