The formula is:
\[P = A \times (1 + \frac{r}{n})^{-nt}\]
where:
- \(P\) is the present value
- \(A\) is the future value
- \(r\) is the annual interest rate (in decimal form)
- \(n\) is the number of times that interest is compounded per year
- \(t\) is the time
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