Computer · Estimating and Costing
With the usual notations, the sinking fund factor (SFF) is given by which of the following expressions, where 'i' is the rate of interest and 'n' is the number of years?
- 1(1 + i) n
- 2i (1 + i) n − 1✓
- 31 (1 + i) n
- 4(1 + i) n (1 + i) n − 1
Correct answer
i (1 + i) n − 1
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