Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 The present value of an annuity table can be used to determine the value today of a series of payments to be received in the future.

Question

Present Value of 1  Future Value of 1  Present Value of an Annuity of 1  Future Value of an Annuity of 1  The present value of an annuity table can be used to determine the value today of a series of payments to be received in the future.

Quizplus · Accepted Answer

The statement is correct. The present value of an annuity table provides a way to calculate the current worth of a stream of future payments.