To Calculate the Present Value of an Annuity,multiply

question 36

Multiple Choice

To calculate the present value of an annuity,multiply

• A)The principal amount by the present value factor
• B)The amount to be received each year by the present value factor
• C)The principal by the discounted interest rate
• D)The amount to be received each year by the discounted interest rate

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Definitions:

Federal Agencies

Governmental bodies established by the federal government of a country to implement specific legislation and administer public policy in areas ranging from health, safety, to environmental protection.

Role Of Corporations

The influence and responsibilities of large business entities in society, including economic, social, and environmental impacts.

Federal Government

The national government of a federal state, which shares sovereignty with the constituent states or provinces, responsible for the nation's defense, foreign policy, and interstate commerce.

Nonaggression Pact

A nonaggression pact is an agreement between two or more countries to not engage in military action against each other for a specified period of time.