Multiple Choice
If the present value annuity factor at 12 percent for five years is 3.6048, what is the equivalent future value annuity factor?
A) 2.0455
B) 6.3529
C) 1.7623
D) 5.1237
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: Ms. Colonial has just taken out a
Q11: You would like to have enough money
Q12: After retirement, you expect to live for
Q13: John House has taken a $250,000 mortgage
Q14: You would like to have enough money
Q16: If you invest $100 at 12 percent
Q17: You would like to have enough money
Q18: If you are paid $1,000 at the
Q19: Mr. Williams expects to retire in 30
Q20: An investment at 10 percent compounded continuously