If the Present Annuity Factor Is 3

question 46

Multiple Choice

If the present annuity factor is 3.8896, what is the present value annuity factor for an equivalent annuity due if the interest rate is 9%?

• A) 3.5684
• B) 4.2397
• C) 3.8896
• D) None of the above.

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Definitions:

Quantum Change

refers to a sudden, significant transformation in an individual's life or in an organization's state, often brought about by a major event or realization.

Incremental Change

Gradual and continuous changes that an organization implements over time to improve processes, products, or services.

Positive Organizational Behavior

The study and application of positively oriented human resource strengths and psychological capacities that can improve workplace performance.

Appreciative Inquiry

A collaborative and strengths-based approach to organizational change, which focuses on exploring and amplifying what an organization does well.