Which of the following is the best description for the formula below?
Pn = P1• (1+i)^n-1
...
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Mathematics, 28.02.2020 19:21 lin550
Which of the following is the best description for the formula below?
Pn = P1• (1+i)^n-1
Answer options;
A: constant velocity sequence
B: simple interest sequence
C: arithmetic sequence
D: compound sequence
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