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Questions and Answers
Which formula can be used to calculate the present value of an annuity?
Which formula can be used to calculate the present value of an annuity?
- Present Value = Future Value / (1 + Interest Rate)^n
- Future Value = Present Value * (1 + Interest Rate)^n
- Future Value = Payment Amount * Factor
- Present Value = Payment Amount / Factor (correct)
What is the payment amount in this scenario?
What is the payment amount in this scenario?
- Php 500,000 (correct)
- 6%
- 6 years
- Php 2,458,662
What is the factor given in this scenario?
What is the factor given in this scenario?
- 4.917324 (correct)
- 6 years
- Php 500,000
- 6%
What is the present value in this scenario?
What is the present value in this scenario?
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How many years is the investment term in this scenario?
How many years is the investment term in this scenario?
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