If the Five-Year Present Value Annuity Factor Is 3

question 89

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 of 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:

-Ectomy

A suffix used in medical terms to denote the surgical removal of a specified part of the body.

Combining Form

In linguistics, especially in the formation of technical or medical terms, a form that combines with another form to create a new word, often linked by a vowel.

Prefix

A word, letter, or number placed before another.

Consonant

A basic speech sound made by obstructing part of the vocal tract, classified differently from vowels in linguistics.