Which of the Following Equations Is Used to Calculate the Future

question 47

Multiple Choice

Which of the following equations is used to calculate the future value of an investment?

• A) FV_n = PV ÷ (1 + i)ⁿ
• B) FV_n = PV × (1 + i)ⁿ
• C) FV_n = (1 + i)ⁿ + PV
• D) FV_n = (1 + i)ⁿ ÷ PV

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