What is the formula for the future value of a single amount at compound interest?
A) $ \frac{1}{(1+i)^{n}} $

B) $ P V \times(1+i)^{n} $

C)$ \frac{(1+i)^{n-1}}{i} $

D)$ \frac{\mathrm{CI}-\left[1 /(1+i)^{n}\right]}{i} $

Question

What is the formula for the future value of a single amount at compound interest? 
A) $ \frac{1}{(1+i)^{n}} $

B) $ P V \times(1+i)^{n} $

C)$ \frac{(1+i)^{n-1}}{i} $

D)$ \frac{\mathrm{CI}-\left[1 /(1+i)^{n}\right]}{i} $

Quizplus · Accepted Answer

The formula for the future value (FV) of a single amount at compound interest is $ FV = PV \times (1 + i)^n $, where $PV$ is the present value, $i$ is the interest rate per period, and $n$ is the number of periods. This matches choice B.

What Is the Formula for the Future Value of a Single