To Calculate the Present Value of a Future Amount, Which

question 167

Multiple Choice

To calculate the present value of a future amount, which of the following tables do you use?

• A)Present value of $1 received in n periods
• B)Future value of $1 received in n periods
• C)Present value of an annuity
• D)Future value of an annuity

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Definitions:

Z Score

A calculation used to express the difference of a particular value from a group's mean, in terms of how many standard deviations away it is.

T Score

A standardized score that indicates how many standard deviations an element is from the mean of its distribution.

Z Scores

Standard scores indicating how many standard deviations an element is from the mean.

Combinations

The selection of items from a larger set where order does not matter.