The present value of an annuity of $1 table could be cons

Question

Quizplus · Accepted Answer

The present value of an annuity of $1 table is a commonly used financial tool that calculates the present value of a series of equal payments to be made or received over a specified period of time. It is used in various financial calculations, such as retirement planning, mortgage payments, and investments. Therefore, it is true that the present value of an annuity of $1 table could be considered a financial instrument.

The Present Value of an Annuity of $1 Table Could