When Using a Present Value of an Annuity Table

question 242

Multiple Choice

When using a present value of an annuity table:

• A)payments are assumed to be made at the beginning of each period.
• B)PVFA factors decrease with an increase in the interest rate.
• C)PVFA factors increase with an increase in the number of periods.
• D)b and c only

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Evidence-Based Practice

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