Multiple Choice
If the future value annuity factor at 10% and 5 years is 6.1051, calculate the equivalent present value annuity factor
A) 6.1051
B) 3.7908
C) 6.7156
D) None of the given ones
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: What is the difference between simple interest
Q50: An annuity is defined as<br>A) Equal cash
Q52: If the three-year present value annuity factor
Q53: If the present value of $600 expected
Q54: If the future value of $1 invested
Q56: You would like to have enough money
Q57: After retirement, you expect to live for
Q58: If the present value annuity factor for
Q59: If the present value of $480 to
Q60: What is the present value of the