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Below are time value factors of $1 for 8% interest over four periods. ...

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Accounting

Below are time value factors of $1 for 8% interest over four periods.

1 2 3 4
1 1.0000 0.92593 1.08000 0.92593
2 2.0800 0.85734 1.16640 1.78326
3 3.2464 0.79383 1.25971 2.57710
4 4.5061 0.73503 1.36049 3.31213

Column 3 represents the:

Multiple Choice

  • present value of an ordinary annuity of $1.

  • future value of $1.

  • present value of $1.

  • future value of an ordinary annuity of $1.


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