Which of the following is the formula to calculate the discounted value of a single payment received in the future?
A) FV ÷ (1 + i) n
B) PV *(1 + i) n
C) FV * (1 - (1 ÷ (1 + i) n) ÷ i
D) PV* ((1 + i) n - 1) ÷ i
Correct Answer:
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