Question Description
Which formula represents the future value of an annuity "FV" with annual payments "PMT", an interest rate "r", and a number of periods "n"?a)FV = PMT × (1 + r/n)^nb)FV = PMT × (1 + r)^nc)FV = PMT × r × nd)FV = PMT × ((1 + r)^n - 1)/rCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Which formula represents the future value of an annuity "FV" with annual payments "PMT", an interest rate "r", and a number of periods "n"?a)FV = PMT × (1 + r/n)^nb)FV = PMT × (1 + r)^nc)FV = PMT × r × nd)FV = PMT × ((1 + r)^n - 1)/rCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which formula represents the future value of an annuity "FV" with annual payments "PMT", an interest rate "r", and a number of periods "n"?a)FV = PMT × (1 + r/n)^nb)FV = PMT × (1 + r)^nc)FV = PMT × r × nd)FV = PMT × ((1 + r)^n - 1)/rCorrect answer is option 'D'. Can you explain this answer?.

Solutions for Which formula represents the future value of an annuity "FV" with annual payments "PMT", an interest rate "r", and a number of periods "n"?a)FV = PMT × (1 + r/n)^nb)FV = PMT × (1 + r)^nc)FV = PMT × r × nd)FV = PMT × ((1 + r)^n - 1)/rCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of Which formula represents the future value of an annuity "FV" with annual payments "PMT", an interest rate "r", and a number of periods "n"?a)FV = PMT × (1 + r/n)^nb)FV = PMT × (1 + r)^nc)FV = PMT × r × nd)FV = PMT × ((1 + r)^n - 1)/rCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which formula represents the future value of an annuity "FV" with annual payments "PMT", an interest rate "r", and a number of periods "n"?a)FV = PMT × (1 + r/n)^nb)FV = PMT × (1 + r)^nc)FV = PMT × r × nd)FV = PMT × ((1 + r)^n - 1)/rCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Which formula represents the future value of an annuity "FV" with annual payments "PMT", an interest rate "r", and a number of periods "n"?a)FV = PMT × (1 + r/n)^nb)FV = PMT × (1 + r)^nc)FV = PMT × r × nd)FV = PMT × ((1 + r)^n - 1)/rCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Which formula represents the future value of an annuity "FV" with annual payments "PMT", an interest rate "r", and a number of periods "n"?a)FV = PMT × (1 + r/n)^nb)FV = PMT × (1 + r)^nc)FV = PMT × r × nd)FV = PMT × ((1 + r)^n - 1)/rCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which formula represents the future value of an annuity "FV" with annual payments "PMT", an interest rate "r", and a number of periods "n"?a)FV = PMT × (1 + r/n)^nb)FV = PMT × (1 + r)^nc)FV = PMT × r × nd)FV = PMT × ((1 + r)^n - 1)/rCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.