Which expression is used to calculate the present value of an amount of money?

Multiple Choice

Future Value $(1+$ time ${)}^{\text{i}\text{n}\text{t}\text{e}\text{r}\text{e}\text{s}\text{t}\text{r}\text{a}\text{t}\text{e}}$

$(1+$ interest rate ${)}^{\text{t}\text{i}\text{m}\text{e}}$ Future Value

Future Value $(1+$ interest rate ${)}^{\text{t}\text{i}\text{m}\text{e}}$

Future Value $(1+$ interest rate ${)}^{\text{t}\text{i}\text{m}\text{e}}$