samantharaney4981 samantharaney4981
  • 26-02-2021
  • Business
contestada

If the present value annuity factor for 10 years at 10 percent interest rate is 6.1446, what is the present value annuity factor for an equivalent annuity due

Respuesta :

Tundexi
Tundexi Tundexi
  • 27-02-2021

Answer:

6.7590

Explanation:

Present value annuity factor for annuity due = 1 + Present value annuity factor for ordinary annuity - PVF(10%, 10 years)

Present value annuity factor for annuity due = 1 + 6.1446 - 0.3856

Present value annuity factor for annuity due = 7.1446- 0.3856

Present value annuity factor for annuity due = 6.7590

Answer Link

Otras preguntas

why is 16:14 and 64:60 not equivalent
How did the Great Society programs affect housing in the United States? The rates for luxury housing increased. Discrimination practices in housing rose. The am
is a blue whale, rosebush, mushroom, algea, or pine tree a heterotroph or auto troph
Birds and reptiles conduct _____ fertilization and lay the eggs outside of the body. a. internal b. external
Which of the following describes a structure that both prokaryotic and eukaryotic cells have in common?
55% of what number is 22?
How do you say My favorite color is pink. in Spanish?
why is 16:14 and 64:60 not equivalent
What could I write about a New Years Resolution
In 1668, Francesco Redi conducted an experiment with jars of meat. This experiment was noteworthy because it _____.