1.

If ' S ' is the amount available after ' n ' interest periods for an initial principal ' P ' with the discrete compound interest rate ' i ', the present worth is given by

A. (1 + i ) n / S
B. S /(1 + i ) n
C. S /(1 + in )
D. S /(1 + n ) i
Answer» C. S /(1 + in )


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