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In the formula for calculating present value,the letter r represents the

In the formula for calculating present value,the letter r represents the
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2 votes
In the formula for calculating present value,the letter r represents the

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User Fluxa
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2 Answers

2 votes
the rate of change or also know as the common ratio
answered
User Myyk
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5 votes
r represents the interest rate.
answered
User George Houpis
by
8.3k points
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