A) the process of obtaining present values B) a factor multiplied by a future value to get the present value of that amount
16) present value interest factor
17) discounting
What will be an ideal response?
Answers: 16) B 17) A
You might also like to view...
A conglomerate corporation must make retrospective adjustments to account for a material change in reporting entity every year that it adds a new subsidiary or sells off a formerly owned subsidiary
Indicate whether the statement is true or false
You have $5,000 invested in a bank that pays 3.8% annually. How long will it take for your funds to triple?
A. 23.99 B. 25.26 C. 26.58 D. 27.98 E. 29.46
Taking your current employer's customer list to a prospective employer is a breach of trust
Indicate whether the statement is true or false
U.S. Senator Jones enjoys an absolute privilege when she is speaking on the floor of the Senate
Indicate whether the statement is true or false