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29-03-2024
Mathematics

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The formula to calculate the compounded value of a single payment invested today to be withdrawn in the future is which of the following?
A) FV ÷ (1 + r)ⁿ
B) PV x (1 + r)ⁿ
C) FV x (1 - (1 ÷ (1 + r)ⁿ) ÷ r
D) PV x ((1 + r)ⁿ - 1) ÷ r

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