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Subject:
financial accounting
Category: Business and Money > Accounting Asked by: k9queen-ga List Price: $2.00 |
Posted:
22 Jan 2003 13:14 PST
Expires: 21 Feb 2003 13:14 PST Question ID: 147123 |
the formula for compound value is: A) FVn = P (1+i)n B) FVn = (1+i) / P C) FVn = P/(1+1)n D) FVn = P (1+i) -n |
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Subject:
Re: financial accounting
Answered By: skermit-ga on 22 Jan 2003 13:22 PST Rated: |
The correct answer is A: " If you follow this pattern out for n years, you get the general formula for future value: 1. FV = P(1 + r)n " Search Strategy: formula compound interest on google: ://www.google.com/search?q=formula+compound+interest Additional Links: Compound Interest Forula and Calculator / Graph: http://www.moneychimp.com/articles/finworks/fmfutval.htm Thanks for your question. skermit-ga |
k9queen-ga
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Thank you, very clear! |
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