Solved

The Annuity Factor_______ by the Amount of the Annual Payment

Question 56

Multiple Choice

The annuity factor_______ by the amount of the annual payment equals the _______value of payments for the specified number of years at the specified discount rate.


A) multiplied; present
B) divided; present
C) divided; future
D) multiplied; future

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions