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In the formula for present value, PV(Bn)=Bn(1+r)n, which variable represents the number of periods in the future in which a payment is received? (1+r) n
In the formula for present value, PV(Bn)=Bn(1+r)n, which variable represents the number of periods in the future in which a payment is received?
(1+r)n
(1+r)
B
r
PV
Bn
n
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