Author Question: The question How much will I have in my account at a specific point in the future, given a specific ... (Read 58 times)

jlmhmf · **on:** Jul 10, 2018

The question How much will I have in my account at a specific point in the future, given a specific interest rate? is best answered by which form of the TVM equation?

A) FV =
B) FV = PV (1 + r)n
C) FV = (FV/PV)1/n -1
D)
FV =

Question 2

In the equation r = (FV/PV)1/n - 1, the r is sometimes referred to as the ________.

A) interest rate
B) discount rate
C) growth rate
D) All of the above