If the Five-Year Present Value Annuity Factor Is 3

question 43

Multiple Choice

If the five-year present value annuity factor is 3.60478 and four-year present value annuity factor is 3.03735, what is the present value at the $1 received at the end of five years?

• A) $0.63552
• B) $1.76233
• C) $0.56743
• D) None of the above

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