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The factor from the present value table for 10 years at 10% is is 0.3855. If you want to find the present value of $8000
The factor from the present value table for 10 years at 10% is is 0.3855. If you want to find the present value of $8000 under these assumptions (10 years and 10%) then you must do the following :
A. Multiply $8,000 times 0.3855
B. Divide $8,000 times 0.3855
C. Find different factor
D. None of the above
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