Which of the following is the correct formula for calculating the future value?
A)FV=
B) $ \mathrm{FV}=\mathrm{PV} \times(1+\mathrm{r})^{\mathbf{n}} $
C) $ \mathrm{PV}=\mathrm{FV} \times(1+\mathrm{r})^{\mathrm{n}} $
D) PV=

Question

Which of the following is the correct formula for calculating the future value?
A)FV= 
B) $ \mathrm{FV}=\mathrm{PV} \times(1+\mathrm{r})^{\mathbf{n}} $ 
C) $ \mathrm{PV}=\mathrm{FV} \times(1+\mathrm{r})^{\mathrm{n}} $ 
D) PV=

Quizplus · Accepted Answer

The correct formula for calculating the future value is FV=PV x (1+r)^n, where PV is the present value, r is the interest rate, and n is the number of compounding periods. Option B represents the correct formula in a clear and concise manner.

Which of the Following Is the Correct Formula for Calculating FV=PV×(1+r)n \mathrm{FV}=\mathrm{PV} \times(1+\mathrm{r})^{\mathbf{n}} FV=PV×(1+r)n

Which of the Following Is the Correct Formula for Calculating $\mathrm{FV}=\mathrm{PV} \times(1+\mathrm{r})^{\mathbf{n}}$