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This question belongs to Agriculture Agricultural Economics

Agricultural Economics

?

Present value of future money is calculated by use of:

A) $$\frac{{\text{P}}}{{{{\left( {1 + {\text{i}}} \right)}^{\text{t}}}}}$$ B) $$\frac{{\text{P}}}{{{{\left( {1 + {\text{t}}} \right)}^{\text{t}}}}}$$ C) $${\text{P}}{\left( {1 + {\text{i}}} \right)^{\text{t}}}$$ D) $${\text{P}}{\left( {1 + \frac{1}{{\text{i}}}} \right)^{\text{t}}}$$

Answer & Solution

Correct Answer: Option A

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