Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. below are time value factors of $1 for 8% interest

Below are time value factors of $1 for 8% interest over four periods. ...

80.2K

Verified Solution

Question

Accounting

Below are time value factors of $1 for 8% interest over four periods.

1 2 3 4
1 1.0000 0.92593 1.08000 0.92593
2 2.0800 0.85734 1.16640 1.78326
3 3.2464 0.79383 1.25971 2.57710
4 4.5061 0.73503 1.36049 3.31213

Column 3 represents the:

Multiple Choice

  • present value of an ordinary annuity of $1.

  • future value of $1.

  • present value of $1.

  • future value of an ordinary annuity of $1.


Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Calculus
1.2K views

The first term of a geometric sequence is 5 and the common ratio is 3....

Accounting
1.2K views

Why are income statement accounts considered temporary accounts?200 wordsWhy are income statement accounts considered...

Biology
1.2K views

Treatment of cells with the BOBA drug induces apoptosis of cells and leads to DNA fragmentation. A)...

Finance
1.2K views

Brook Corporation's free cash flow for the current year (FCF0) was $4.00 million. Its investors require...

Medical Sciences
1.2K views

1. explain what the p waves, qrs complex, and t waves represent.. 2. explain the significance of...

Advance Math
1.2K views

x'=y-x+(x^3)/7 y' =-x Lyapunov function Ax^2+By^2 for A,B constant. Show stability & define circle for stability area if attraction.

Basic Math
1.2K views

The floor area of a furniture storeroom is 500 square yards. One sofa requires 3...

Statistics
1.2K views

age C MATH1507 M N O P Q R S Mathematics Il for the Biol...

Calculus
1.2K views

Given the vector u defined by the points 2 7 5 10 Step 1 of...

Accounting
1.2K views

Required: Related party transactions involve people who have close ties to an organization, such as...

Accounting
1.2K views

A company with an operating income of $66,000 and a contribution margin ratio of 46%...

Accounting
1.2K views

A calibrated metre end bar, which has an actual length of 1000.0005 mm, is to...