If the Present Value Annuity Factor at 8 Percent for 10

question 68

Multiple Choice

If the present value annuity factor at 8 percent for 10 years is 6.71, what is the equivalent future value annuity factor?

• A)3.108
• B)14.486
• C)2.159
• D)5.384

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Definitions:

Housing Preferences

The individual or collective choices and priorities made when selecting a place to live, influenced by factors such as location, size, price, and amenities.

Single Rooms

Rooms intended for occupancy by one person, often found in hotels, dormitories, or residential institutions.

Extraverts

Individuals characterized by their outgoing, sociable, and lively behaviors, often seeking stimulation from the external environment.

Suites

Sets of interconnected rooms designed to be used together within a larger structure, often found in hotels or office buildings.