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1. If the future value of a one-period investment is given by the formula, F = I + ( I R ), what is the
1. If the future value of a one-period investment is given by the formula, F = I + (I R), what is the formula for the amount of the investment, I?
= F/(1 + R)
I = F - (1 R)
I = F x (1 R)
I = F x (1 + R)
I am brushing up on algebra and need help with this. If
you could post the step by step answer for this I would appreciate it! Thank you
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