Which of the following functions is used to solve for the maturity value under compound interest?
A. F=P[tex](1+r)^{t}[/tex]
B. F=P (1 + rt)
C. F=P (1 + r)t -P
D. F=P [tex](1+t)^{r}[/tex]
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Which of the following functions is used to solve for the maturity value under compound interest?
A. F=P[tex](1+r)^{t}[/tex]
B. F=P (1 + rt)
C. F=P (1 + r)t -P
D. F=P [tex](1+t)^{r}[/tex]
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ANSWER:
Which of the following functions is used to solve for the maturity value under compound interest?
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