Below are excerpts from time value of money tables for the 8% rate.

-Column 5 is an interest table for the:
A) Present value of $1.
B) Future value of $1.
C) Present value of an ordinary annuity of $1.
D) Present value of an annuity due of $1.

Question

Below are excerpts from time value of money tables for the 8% rate.

-Column 5 is an interest table for the:
A) Present value of $1. 
B) Future value of $1. 
C) Present value of an ordinary annuity of $1. 
D) Present value of an annuity due of $1.

Quizplus · Accepted Answer

Column 5 typically refers to the future value of $1, showing how much $1 will grow to at a specific interest rate over a number of periods.

Below Are Excerpts from Time Value of Money Tables for the 8