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Question

Difficulty Level:

Medium

MCQ

The following formula is used in economics to find an amount of money’s future value, ${F}$ , where ${P}$ is the present value, $r$ is the interest rate, and $t$ is time.

$F=P(1+r)^{t}$

Rearrange the formula to highlight the present value.

Select all that apply :

$P=F(1+r)^{-t}$

$P=F(1+r)$

$P=F(1+r)^t$

$P=\frac{F}{1+r}$

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