Which of the following is the correct expression for calculating the future value of an investment? (r represents the interest rate and n represents the length of time)
A. Future value = Present value × (1 + r)n
B. Future value = Present value + (1 + r)n
C. Future value = Present value - (1 + r)n
D. Future value = Present value / (1 + r)n
E. Future value = Present value / [(1 + r) × n]
Answer: A
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