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    Practical Business Math Procedures Study Set 2
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    Exam 12: Compound Interest and Present Value
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    A Table Factor of 0
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A Table Factor of 0

Question 1

Question 1

Multiple Choice

A table factor of 0.7312 from the present value table in this chapter means that a certain rate of interest for a certain period of time will equal:


A) $1
B) Over $1
C) Less than $1
D) Never equal
E) None of these

Correct Answer:

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