What Is the Formula for the Present Value of an Annuity

question 47

Multiple Choice

What is the formula for the present value of an annuity due?

• A) \( C \times\left[\left(P_{\mathrm{O}_{N, t}}\right)(P k, t)\right] \)
• B) \( C \times\left[\frac{1-\frac{1}{(1+i)^{n}}}{i}\right] \)
• C) \( C \times\left[\frac{1-\frac{1}{(1+i)^{n-1}}}{i}+1\right] \)
• D) \( C \times\left[\frac{(1+i)^{n}-1}{i}\right] \)

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Definitions:

Consensus

A general agreement among the members of a group or a decision-making process where all participants support or accept the decision made.

Attribution Theory

A psychological theory focused on explaining how individuals determine the causes of behavior and events.

Self-Efficacy

An individual's belief in their own ability to succeed in specific situations or accomplish a task.

Negative Reinforcers

A stimulus whose removal after a response strengthens the likelihood of that response occurring in the future.