The Factor for the Present Value of an Ordinary Annuity

question 55

Multiple Choice

The factor for the present value of an ordinary annuity for 10% and eight periods is less than ________.

• A)the factor for the present value of an ordinary annuity for 8% and eight periods
• B)the factor for the present value of an annuity due for 10% and eight periods
• C)the factor for the present value of an ordinary annuity for 12% and eight periods
• D)the factor for the present value of an ordinary annuity for 10% and ten periods

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Definitions:

Good Ratios

In education, refers to the optimal number of educators to students, ensuring individual attention and effective teaching.

Smaller Groups

Groups with fewer participants, typically allowing for more personalized interaction and potentially greater cohesion.

Competition

The rivalry between entities to achieve superiority or a particular objective, often driving innovation and improvement.

Caregivers

Individuals who provide care for another person, typically a family member or patient, who is in need of support because of age, physical, or mental disability.