To Determine the Converted Table Factor for the Present Value

question 41

Multiple Choice

To determine the converted table factor for the present value of an annuity due, one must find the factor for the present value of an ordinary annuity for

• A) n + 1 and then subtract 1.
• B) n − 1 and then subtract 1.
• C) n + 1 and then add 1.
• D) n − 1 and then add 1.

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