1. The formula for future value is equal to

A) PV (1 plus i)n
B) PV (1 / i)n
C) PV / (1 plus i)n
D) PV * 1 / (1 plus i)n
E) PV / (1 *i)n

2. If the present value is $100, the interest rate is 10%, and the number of years the financial instrument is held is 1 year, then the future value of the instrument is

A) $111
B) $110
C) $109.90
D) $190.10
E) $90

3. Using the future value calculator you can figure

A) as interest rates rise, bond prices fall.
B) as inflation rises, bond prices rise.
C) as future value rises, present value falls.
D) as future value falls, present value rises.
E) how much your investment will be worth.