Question
Below are excerpts from time value of money tables for the 8% rate. 1 2 3 4 5 6 1 1.000 1.000 .926 1.080 1.080
Below are excerpts from time value of money tables for the 8% rate.
| 1 | 2 | 3 | 4 | 5 | 6 | |
| 1 | 1.000 | 1.000 | .926 | 1.080 | 1.080 | .926 |
| 2 | 1.926 | 2.080 | .857 | 2.246 | 1.166 | 1.783 |
| 3 | 2.783 | 3.246 | .793 | 3.506 | 1.260 | 2.577 |
| 4 | 3.577 | 4.506 | .735 | 4.867 | 1.360 | 3.312
|
Column 1 is an interest tale 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
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Principles of Auditing An Introduction to International Standards on Auditing
Authors: Rick Hayes, Philip Wallage, Hans Gortemaker
3rd edition
273768174, 978-0273768173
