Multiple Choice
If the five-year present value annuity factor is 3.60478 and the four-year present value annuity factor is 3.03735, what is the present value of the $1 received at the end of five years?
A) $0.63552
B) $1.76233
C) $0.56743
D) $1.2132
Correct Answer:
Verified
Correct Answer:
Verified
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