If the Five-Year Present Value Annuity Factor Is 3

question 85

Multiple Choice

If the five-year present value annuity factor is 3.60478 and the four-year present value annuity factor is 3.03735,what is the present value at the $1 received at the end of five years?

• A)$0.63552
• B)$1.76233
• C)$0.56743
• D)$1.2132

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Definitions:

Across The Line

Refers to a method of starting electric motors where the motor is directly connected to the power line, resulting in full line voltage being applied.

Full Voltage

A term typically referring to the application of full line voltage to a device, ensuring it operates at its intended performance level.

Electrical Supply

Refers to the source and infrastructure involved in delivering electricity from the production point to the consumer.

Electric Motors

Machines that convert electrical energy into mechanical energy, commonly used in various applications from household appliances to industrial machinery.