Which of the following equations is used to compute the future value for continuous compounding? A) FV_∞ = PV × e ⁱ^×ⁿ B) FV_∞ = PV ÷ e ^{i ×}ⁿ C) FV_∞ = eⁱ ÷ PV D) FV_∞= eⁱ × PV

Question

Quizplus · Accepted Answer

The future value for continuous compounding is calculated using the formula: FV_∞ = PV × e ⁱ^×ⁿ, where PV is the present value, i is the annual interest rate, and n is the number of years.

Which of the Following Equations Is Used to Compute the Future