Homework SourseE connect Z NUMBER 5 Chapters 1619 Question 13 of 30 The cor
E connect Z NUMBER 5 (Chapters 16-19 Question 13 (of 30 The correct formula that relates present value pn to Mure veue An rnterest rate is r% p\" year over n years K ![E connect Z NUMBER 5 (Chapters 16-19 Question 13 (of 30 The correct formula that relates present value pn to Mure veue An rnterest rate is r% p\](/WebImages/41/e-connect-z-number-5-chapters-1619-question-13-of-30-the-cor-1125933-1761600347-0.webp "E connect Z NUMBER 5 (Chapters 16-19 Question 13 (of 30 The correct formula that relates present value pn to Mure veue An rnterest rate is r% p\")
Solution
Answer is FV = PV (1+i) n Explanation: The future value is the sum total of principle amount and interest to be paid on the principle plus cumulative interest.