To Calculate the Present Value of an Annuity Due the Formula

question 114

True/False

To calculate the present value of an annuity due the formula is: $$P V _ { D } = C \times \left[ \frac { 1 - \frac { 1 } { ( 1 + i ) ^ { n + 1 } } } { i } + 1 \right]$$

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