The Factor for the Present Value of an Annuity for 6

question 210

True/False

The factor for the present value of an annuity for 6 years at 10% is 4.3553. This implies that an annuity of six $2,000 payments at 10% is the equivalent of $8,710.60 today.

---

Definitions:

Misplaced Modifier

A word or phrase that is incorrectly placed in a sentence such that it appears to modify an unintended word, leading to ambiguity or confusion.

Sentence Unity

The coherence of ideas within a sentence, ensuring that all parts contribute to its main point or purpose.

Prepositions

Words that express relationships between a noun or pronoun and another word in the sentence, indicating direction, location, time, or method.

Unity

Unity refers to the state or quality of being united or joined as a whole.