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Future value interest factor takes ____________.
- ACompounding rate
- BDiscounting rate
- CInflation rate
- DDeflation rate
Correct answer: A
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CCommunity
Compounding rate
Future value interest factor takes Compounding rate. Future value (FV) is the value of a current asset at a specified date in the future based on an assumed rate of growth.
Future value interest factor takes Compounding rate. Future value (FV) is the value of a current asset at a specified date in the future based on an assumed rate of growth.