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    Intermediate Accounting Study Set 9
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    Exam 6: Accounting and the Time Value of Money
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    Which Table Has a Factor of 1
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Which Table Has a Factor of 1

Question 59

Question 59

Multiple Choice

Which table has a factor of 1.00000 for 1 period at every interest rate?


A) Future value of 1
B) Present value of 1
C) Future value of an ordinary annuity of 1
D) Present value of an ordinary annuity of 1

Correct Answer:

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