Which of the following is the formula for compound value? - 11227

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umer

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Which of the following is the formula for compound value?

a.  FVn = P/(1+i)n

b.  FVn = P(1+i)n

c.  FVn = (1+i)/P

d.  FVn = P(1+i)-n

 
Solution Description

Which of the following is the formula fo