The Formula to Calculate the Present Value of an Ordinary $$p V o = C \times \left[ \frac { 1 - \frac { 1 } { ( 1 + i ) ^ { n } } } { i } \right]$$

question 2

True/False

The formula to calculate the present value of an ordinary annuity is: $$p V o = C \times \left[ \frac { 1 - \frac { 1 } { ( 1 + i ) ^ { n } } } { i } \right]$$

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