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According to the text, which of the following is a formula to determine the future value of an annuity? (PMT/ i ) [(1 + i
According to the text, which of the following is a formula to determine the future value of an annuity?
(PMT/i) [(1 + i)n 1] | ||
(PMT/i) [1 1/(1 + i)n] | ||
PMT/i | ||
PV(1 + i)n | ||
None of the above. |
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