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Question
6.) What is the formula in computing the present value of Fin a financial transaction involving compound
interest?
A. P = F(1 + i)-n
C. P = F(1 – i)
B. P= F(1 + i)”
D. P= F(1 – i)”
Answer #1 for Questions: 6.) What is the formula in computing the present value of Fin a financial transaction involving compound
interest?
A. P = F(1 + i)-n
C. P = F(1 – i)
B. P= F(1 + i)”
D. P= F(1 – i)”
Answer: A
Step-by-step explanation:
Present value of F (P) = Compound amount (F) (1+periodic rate)
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