Below are excerpts from time value of money tables for the 8% rate.
1 2 3 4 5 6
1 1.000 1.00...
Below are excerpts from time value of money tables for the 8% rate.
1 2 3 4 5 6
1 1.000 1.000 0.926 1.080 1.080 0.926
2 1.926 2.080 0.857 2.246 1.166 1.783
3 2.783 3.246 0.793 3.506 1.260 2.577
4 3.577 4.506 0.735 4.867 1.360 3.312
Column 1 is an interest table for the:
a. Present value of an ordinary annuity of 1.
b. Future value of an ordinary annuity of 1.
c. Present value of an annuity due of 1.
d. Future value of an annuity due of 1.
Answers: 2
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