Question: In the formula for present value, PV(Bn)=Bn(1+r)n, which variable represents the number of periods in the future in which a payment is received? (1+r) n

In the formula for present value, PV(Bn)=Bn(1+r)n, which variable represents the number of periods in the future in which a payment is received?

(1+r)n

(1+r)

B

r

PV

Bn

n

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