Q12
Future value interest factor takes ____________.
A.
Compounding rate
AnswerB.
Discounting rate
C.
Inflation rate
D.
Deflation rate
Answer: Option A
Solution
Answer: Option A
Solution:
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.