The future value of an annuity table provides a "shortcut" for calculating the future value of a steady stream of payments, denoted as A $.$ The same value can be calculated directly from the

following equation:

$F{V}_A=A[\frac{1}{(1+i)}{]}^1+A[\frac{1}{(1+i)}{]}^2+$dotsA$[\frac{1}{(1+i)}{]}^n$

True or False