Question

PLEASE HELP!!!!!!

The following formula is used in economics to find an amount of money's future value, F, where P is the
present value, r is the interest rate, and t is time.

Answer 1

9514 1404 393

Answer:

P = F/(1 +r)^t

Explanation:

Divide by the coefficient of P.

F = P(1 +r)^t

P = F/(1 +r)^t

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This can also be written using a negative exponent:

P = F(1 +r)^-t