Below Are Excerpts from Interest Tables for 8% Interest Column 3 Is an Interest Table for The:
A)Future Value

question 31

Multiple Choice

Below are excerpts from interest tables for 8% interest.
$\begin{array} { c c c c c } & \underline { 1 } & \underline { 2 } & \underline { 3 } & \underline { 4 } \\1 & 1.0000 & 0.92593 & 1.08000 & 0.92593 \\2 & 2.0800 & 0.85734 & 1.16640 & 1.78326 \\3 & 3.2464 & 0.793833 & 1.25971 & 2.57710 \\4 & 4.5061 & 0.73503 & 1.36049 & 3.31213\end{array}$
Column 3 is an interest table for the:

• A)Future value of $1.
• B)Present value of $1.
• C)Future value of an annuity of $1.
• D)Present value of an annuity of $1.