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Question
the present value factors used in computing the overall present value net cost examples came from a table of such factors. the table shows years vertically and various percentages in horizontal columns, and is an appendix to the chapter about the time value of money. this chapter actually contains three appendices, each containing a different type of table. which one is the appropriate table for determining the present value factors used in our computations?
a. present value table (present value of $1)
b. present value of an annuity of $1
c. compound interest table (the future amount of $1)
d. none of the above
Answer
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