​The Table Factor for the Present Value of an Annuity

question 64

True/False

​The table factor for the present value of an annuity due is found by adding one period to the number of periods of the annuity and then subtracting 1.00000 from the resulting table factor.

---

Definitions:

If-else Statement

A control flow statement that executes a block of code if a specified condition is true, and another block if the condition is false.

Repetitions

The action or process of repeating something like operations or instructions in programming, often implemented using loops.

Infinite Loops

Loops that continue to run without end because their terminating condition is never met, often resulting in a program hang or crash.

Off-by-one

A common programming error where an iteration goes one step too far or not far enough, often resulting in incorrect output or runtime errors.