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Author Question: The question At what rate is my money growing over time? is best answered by which form of the TVM ... (Read 13 times)

future617RT

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on: Jul 10, 2018
The question At what rate is my money growing over time? is best answered by which form of the TVM equation?
 
  A) r =
  B) r = PV  (1 + r)n
  C) r = (FV/PV)1/n - 1
  D) r =

Question 2

The question What is the current value of an amount of cash that will be received at a specific time in the future? is best answered by which form of the TVM equation?
 
  A) PV =
  B) PV = PV  (1 + r)n
  C) PV = (FV/PV)1/n - 1
  D) PV =


cassie_ragen

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Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: A


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