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kuttin kuttin
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A year ago
The formula to calculate the present value of a future payment of $X received t years from now when the annual percentage interest rate is i is

▸ PV = $X/i.

▸ PV = $X/(1 + i)t.

▸ PV = $X(1 + i)t.

▸ PV = $X/(1 + i).

▸ PV = $X(1 + i).
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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CodybarnesCodybarnes
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A year ago
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