Multiple Choice
If the present value annuity factor for 10 years at 10% interest rate is 6.1446, what is the present value annuity factor for an equivalent annuity due?
A) 6.1446
B) 7.38
C) 6.759
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q53: If the present value of $600 expected
Q54: If the future value of $1 invested
Q55: If the future value annuity factor at
Q56: You would like to have enough money
Q57: After retirement, you expect to live for
Q59: If the present value of $480 to
Q60: What is the present value of the
Q61: The concept of compound interest is most
Q62: An investment at 10% nominal rate compounded
Q63: If the present value annuity factor at