Future value is equal to _____________________.

present value divided by (1+n) to the power r

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present value multiplied by (1+n) to the power r

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present value divided by (1+r) to the power n

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present value multiplied by (1+r) to the power n

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Solution

The correct option is A
present value divided by (1+n) to the power r

Future value is equal to present value multiplied by (1+r) to the power n

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