If the Present Value Annuity Factor for 10 Years at 10

question 49

Multiple Choice

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?

• A)6.1446
• B)7.3800
• C)6.7590
• D)5.7321

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Definitions:

Automaker

A company that manufactures and sells vehicles, including cars, trucks, and motorcycles.

Acquires

Obtains ownership or control of another company or asset through purchase or merger.

Split-Up

The splitting up of a company into two or more companies.