What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1] ? – McqOptions

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1.	What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1] ?
A.	Uniform series sinking fund
B.	Capital recovery
C.	Single payment present worth
D.	Uniform gradient future worth
Answer» C. Single payment present worth

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