The following information is available for Taylor Company: 
Which of the following statements is correct?
Definitions:
Deposit
A sum of money placed in an account or paid as a part of a transaction to demonstrate commitment or reserve something.
Present Values
The valuation at the moment of money expected in the future or regular cash flows, when discounted using a certain rate of return.
Future Value
The value of an investment at a specific future date, accounting for factors like interest rates and compound interest.
Present Value Factor
A multiplier used to determine the present value of a future amount of money or stream of cash flows.
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