Which of the Following Tables Would Show the Smallest Value

question 112

Multiple Choice

Which of the following tables would show the smallest value for an interest rate of 5% for six periods?

• A) Future value of 1
• B) Present value of 1
• C) Future value of an ordinary annuity of 1
• D) Present value of an ordinary annuity of 1

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Definitions:

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured.

Self-Employed

An individual who operates a business or trade as a sole proprietor or independent contractor, responsible for their own tax filings and benefits.

Health Savings Account

A tax-advantaged saving account designed for individuals covered under high-deductible health plans to save for medical expenses.

High Deductible Health Plan

A health insurance plan with lower premiums and higher deductibles than traditional health plans, often linked with Health Savings Accounts (HSAs).