If the present value of $1 received n years from today at an interest rate of r is 0.3855, then what is the future value of $1 invested today at an interest rate of r percent for n years?
A)$1.3855
B)$2.594
C)$1.701
D)Not enough information is given to solve the problem.

Question

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The Answer of If the present value of $1 received n years from today at an interest rate of r is 0.3855, then what is the future value of $1 invested today at an interest rate of r percent for n years?
A)$1.3855
B)$2.594
C)$1.701
D)Not enough information is given to solve the problem.

If the Present Value of $1 Received N Years from Today