5) The formula in computing the rate in a simple annual interest period can be derived as: a.j=im
m
b.P=Is
rt
c.r=Is
Pt
d.t=Is
Pr
6) The formula for computing the present value at compound interest is given by which equation?
a F = P(1+j)n
b.P=Is
Pt
c.P=F
(1+im)mt
m
d.P=F
(1+r)n
m
b.P=Is
rt
c.r=Is
Pt
d.t=Is
Pr
6) The formula for computing the present value at compound interest is given by which equation?
a F = P(1+j)n
b.P=Is
Pt
c.P=F
(1+im)mt
m
d.P=F
(1+r)n
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