Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 Sandra has a savings account that has accumulated to $50,000. She started with $28,225, and earned interest at 10% compounded annually. It took her five years to accumulate the $50,000.
PV Factor = Present Value/Future Value
PV Factor = $28,225/$50,000 = 0.5645
0.5645 is the present value of 1 factor for 6 periods at 10%

Question

Present Value of 1  Future Value of 1  Present Value of an Annuity of 1  Future Value of an Annuity of 1  Sandra has a savings account that has accumulated to $50,000. She started with $28,225, and earned interest at 10% compounded annually. It took her five years to accumulate the $50,000.
PV Factor = Present Value/Future Value
PV Factor = $28,225/$50,000 = 0.5645
0.5645 is the present value of 1 factor for 6 periods at 10%

Quizplus · Accepted Answer

The Answer of Present Value of 1  Future Value of 1  Present Value of an Annuity of 1  Future Value of an Annuity of 1  Sandra has a savings account that has accumulated to $50,000. She started with $28,225, and earned interest at 10% compounded annually. It took her five years to accumulate the $50,000.
PV Factor = Present Value/Future Value
PV Factor = $28,225/$50,000 = 0.5645
0.5645 is the present value of 1 factor for 6 periods at 10%