Author Question: The question At what rate is my money growing over time? is best answered by which form of the TVM ... (Read 41 times)

future617RT

  • Hero Member
  • *****
  • Posts: 543
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

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

Answer: C

Answer to Question 2

Answer: A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

For a complete list of videos, visit our video library