If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is:

If ‘S’ is the future capital accumulated in ‘n’ years at the

1.	If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is:
A.	S/(1 + i)n
B.	S (1 + i)n
C.	S (1 + i)1/n
D.	None of these
Answer» B. S (1 + i)n

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If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is:

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