Question: Which equation best represents the calculation of a future value (PV) using simple interest?FV-TV12BFV=PV-(PVrn)PV=PV(PVrn)FV-PVxxI BWhich equation best represents the calculation of a future value (FV)
Which equation best represents the calculation of a future value (PV) using simple interest?FV-TV12BFV=PV-(PVrn)PV=PV(PVrn)FV-PVxxI BWhich equation best represents the calculation of a future value (FV) using compound interest?FV=PV(PVrn)PY2-PY2(1r)2FV=FV(15)5PV=(aa)pPV
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