When the interest rate is R, the formula for finding the future value
When the interest rate is R, the formula for finding the future value of $M two years from now is
A) M (1 + R)2.
B) M (1 + R2).
C) M / (1 + R)2.
D) M / (1 + R2).
ANSWER
A
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.