C-04-Q046mediumsingle_mcqThe formula for present value with m compoundings per year is —aPV=FV(1+i/m)n×mPV = FV(1+i/m)^{n \times m}PV=FV(1+i/m)n×mbPV=FV/(1+i/m)n×mPV = FV / (1+i/m)^{n \times m}PV=FV/(1+i/m)n×mcPV=FV(1+i)nPV = FV(1+i)^nPV=FV(1+i)ndPV=FV/(1+i)nPV = FV / (1+i)^nPV=FV/(1+i)n