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Assume that the variables I, N, and PV represent the interest rate, investment or deposit period, and present value of the amount deposited or invested,

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Assume that the variables I, N, and PV represent the interest rate, investment or deposit period, and present value of the amount deposited or invested, respectively. Which equation best represents the calculation of a future value (FV) using: Compound interest? Simple interest? 0 FV= PV + (PV x 1 x N)

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