Answered You can hire a professional tutor to get the answer.

QUESTION

What is the formula for determining the future value of an amount?

What is the formula for determining the future value of an amount?This formula from the book, f = p x f ( i, n)n = Number of periods during which the compounding occursp = Present value of future sumf = Future value of present sumi= interest rate per periodthis is the formula you gave , Which one is the correct oneFV = C0 * (1 + r) n

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question