Question: Which formula below represents a present value factor? 1 N + 1 r 1 + r t 1 ( 1 + N ) r 1

Which formula below represents a present value factor?
1N+1r
1+rt
1(1+N)r
1(1+r)t
 Which formula below represents a present value factor? 1N+1r 1+rt 1(1+N)r

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