If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘i’ per annum, then present worth is:
A. $$\frac{{\text{S}}}{{{{\left( {1 + {\text{i}}} \right)}^{\text{n}}}}}$$
B. $${\text{S}}{\left( {1 + {\text{i}}} \right)^{\text{n}}}$$
C. $${\text{S}}{\left( {1 + {\text{i}}} \right)^{\frac{1}{{\text{n}}}}}$$
D. None of these
Answer: Option A
This Question Belongs to Civil Engineering >> Engineering Economics
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