A table factor of .7312 from a present value table of $1 means that a certain rate of interest for a certain period of time will equal:
A) $1
B) Over $1
C) Less than $1
D) Never equal
E) None of these

Question

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The Answer of A table factor of .7312 from a present value table of $1 means that a certain rate of interest for a certain period of time will equal:
A) $1
B) Over $1
C) Less than $1
D) Never equal
E) None of these

A Table Factor of