SmartClutch7003 SmartClutch7003

08-05-2024
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Multiple Choice Question Which formula moves a cash flow of $800 ahead six years in time at an interest rate of 5 percent?

A. FV=$800 x (1+0.05)⁶
B. PV=$800/ (1+0.06)⁵
C. PV=$800/(1+0.05)⁶
D. FV=$800 x (1+0.06)⁵

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