The Factor for the Present Value of an Annuity at 8

question 206

True/False

The factor for the present value of an annuity at 8% for 10 years is 6.7101. This implies that an annuity of ten $15,000 payments at 8% yields a present value of $2,235.

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Telecommuting

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Internet Access

The ability to connect to the internet to send and receive data.

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