Question: Question 1 7 Identify the correct equation for calculating the present value of an investment. ( Assume r stands for rate of return and n

Question 17
Identify the correct equation for calculating the present value of an investment. (Assume r stands for rate of return and n stands for number of periods interest is earned.)
Present value = Future value (1+ r)n
Present value = Future value +(1+ r)n
Present value = Future value (1+ r)n
Present value = Future value /(1+ r)n
Present value = Future value /((1+ r) n)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!