Question: To derive the formula for the present value of a future amount of money, we Blank _ _ _ _ _ _ both sides of

To derive the formula for the present value of a future amount of money, we Blank______ both sides of the compound interest equation by Blank______.
Multiple choice question.
divide; (1 i)t
add; (1 i)t
multiply; (1+ i)t.
divide; (1+ i)t.

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