QRB 501 Week 5 DQ 3

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QRB 501 Week 5 DQ 3 The formula to calculate the
value of 1 put into savings today is fv
pv((1i)n). The variables are fv  future
value, pv present value, i interest rate per
period, and n the number of periods. In the
formula, n is an exponent. What does the exponent
in this case state that you need to do
mathematically to the (1 i) segment of the
formula? Select an interest rate and number of
periodsbe sure your numbers are different from
other students who already answered this
questionto calculate the future value of 1. How
much money would you have at the end of the
period you determined if you invested 1 today
(pv)? To purchase this material click on the
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B-501-Week-5-DQ-3
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