A table factor of 0.7513 from a present value table means that if $.75 is invested at a certain rate of interest for a certain number of periods, it would be worth $1 in the past.
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Q28: The rate used in the table for
Q29: $14,182 is the present value of $21,000
Q30: Using the table in the handbook, the
Q31: $20,000 for 14 years compounded at 8%
Q32: The effective rate (APY)is:
A)The nominal rate
B)The stated
Q34: Compounding:
A)Calculates interest periodically
B)Looks into the present when
Q35: The compound table can be used to
Q36: In the table of present value of
Q37: Using the table in handbook, the value
Q38: In tables for calculating compound interest, the
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