mich4256 mich4256

15-02-2024
Business

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What is the standard equation for calculating the future worth (F) when given the annual rate of return (I) and the present rate (P)?
A) F= P(1+i)^n-1
B) F= P(1+i)^n
C) F= P(1-i)^n
D) F= P(1+n)^i

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