Question
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
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:
present value of an ordinary annuity of $1.
future value of $1.
present value of $1.
future value of an ordinary annuity of $1.
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Financial Accounting For MBAs
Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally
3rd Edition
0978727932, 978-0978727932
