The future worth 4 years from now of a present cost of $85,000 to Hydron, Inc.,...
The future worth 4 years from now of a present cost of $85,000 to Hydron, Inc., at an interest rate of 24% per year, compounded monthly is correctly calculated with the following equation:
a. F= 85,000(P/F, 24%, 48)
b. F= 85,000(F/P, 2% 48)
c. F= 85,000(P/F, 24%, 4)
d. F= 85,000(F/P, 2%, 4)
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