What Is the Eight-Year Present Value Annuity Factor at a Discount

question 45

Multiple Choice

What is the eight-year present value annuity factor at a discount rate of 11 percent?

• A)5.7122
• B)11.8594
• C)5.1461
• D)6.9158

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Definitions:

GDP

Gross Domestic Product, a measure of the total economic output of a country, calculated by the total value of all goods and services produced over a specific time period.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period of time.

Health Care Costs

The expenses associated with medical treatment, including the costs of hospitalization, medications, preventive care, and medical devices.

Per Capita GDP

Gross Domestic Product per person, a measure comparing the economic output of a country relative to its population size.