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elena-s [515]
3 years ago
8

In the formula FV=P(1+r)n, what is the n or period if the term is 10 years compounded yearly at 12% per annum?

Business
1 answer:
ivolga24 [154]3 years ago
3 0

Answer:

a 10

Explanation:

The formula to compute the future value is shown below

Future value = Present value × (1 + rate of interest)^number of years

where,

The Rate of interest is 10%

And, the number of years or term is 10 years

Therefore as per the given situation, the correct option is a.

hence, the same is to be considered

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C

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Flagler Corporation takes eight hours to complete the setup process for a certain electrical component, with the setup cost aver
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$0.

$150.

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